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$WBA's largest sales segment Retail Pharmacy USA posted 1Q16 sales of $20.4Bil, up 4.2% from 1Q15. Comparable stores sales rose 5.8%, while comparable retail sales dipped 0.6% due to a decrease in unprofitable promotions & transitioning of seasonal items. Sales for Retail Pharmacy International were $3.5Bil & Pharmaceutical Wholesale were $5.8Bil.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.