Read a media report stating that good times are coming to an end for Dollar stores. If you ask me, there appears to be no cloud on the horizon and major Dollar stores like $DG and $DLTR are doing well for sure.
$FRED commented that over the next few quarters, the company
will take additional charges related to store closures and corresponding
closing expenses related to the operating lease liabilities of $9-11MM. In
2017, $FRED expects to incur additional expense related to consulting, employee
insurance and software licensing, and advertising.
saw its 2Q16 weakness continue into 3Q16, including soft sales in both pharmacy
and the front store along with reduced margins in pharmacy. Pharmacy sales
declined due to the shift to 90-day prescriptions and by the impact of hepatitis
C and specialty pharmacy. Total company traffic was down by 3.8% compared to
last year and basket was flat.
$AVGO's gross margin continues to expand and the company is guiding
for an adjusted GM of 61% in 1Q17. The company has been increasing GM by about
50BP every quarter and this is because $AVGO has been getting synergies from
ASICs have a long product life cycle and gaining share takes a few years before
it shows on revenues. The company is currently seeing the revenue outcome of
shares gained in previous years. $AVGO is gaining share on the high-speed,
high-performance networking switches, routers and other similar products.