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$COG 2Q15 PR: Operating revenues were $306.3MM vs. $533.19MM in 2Q14. Net loss was $27.5MM or $0.07 per share vs. net income of $118.4MM or $0.28 per share in 2Q14. OpEx was $326.69MM vs. $321.79MM in 2Q14. Loss from operations was $18.96MM vs. income from operations of $210.65MM in 2Q14. Cash flow from operations was $171.2MM vs. $329.6MM in 2Q14.
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.