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Off-price retailer $TUES reported a narrower quarterly loss, helped by a special gain. The company reported a 4Q16 net loss of $3.9MM, or $0.09 per share, compared to a net loss of $4.2MM, or $0.10 per share a year ago. The Company recorded a gain on sale related to a sale-leaseback transaction of $2.5MM in the quarter. Revenue rose to $222.8MM.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.