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Anna Andreeva of Oppenheimer asks about $PLCE's 2Q16 comp guidance. CEO Jane Elfers said due to weather swings between East and West and the Memorial Day holiday moving out of May and into June, there will be pressure on May resulting in a more modest comp for 2Q16 versus 1Q16. But $PLCE is guiding for positive comp and margin expansion in 2Q16.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
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!