Want to join the conversation?
$SHAK's Shack sales for 3Q15 jumped by 70% from last year, on opening of 15 new domestic company-operated Shacks between Sept. 24, 2014 and Sept. 30, 2015, as well as same-Shack sales growth of $3.6MM, or 17.1%. The rise in same-Shack sales is primarily on increased guest traffic of 8.1% and combined rise of 9.0% in price and sales mix.
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.