Want to join the conversation?
$EL 4Q15 Call: For the full year, sales are forecasted to grow 6-8% in constant currency. Pricing is expected to contribute between 1.5-2%, continued distribution expansion for most of our brands is expected to contribute between 2-3% of growth. Currency translation is estimated to negatively impact our full-year sales growth by approx. 3-4%.
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.