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$JCP 2Q15 Call: For 2Q15, we met or exceeded expectations on a number of key metrics. Comparable store sales gain was 4.1%. GM improved 100 BPs to 37% of sales. SG&A expenses down $63MM representing a 310 BPs improvement from last year. Operating income improved a 120 BPs to 46% over the last year and EBITDA improved 28% to $115MM.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.
$SWHC showing consistent increase in sales for the past three quarters suggesting the US craze for firearms is not going to subside soon.