Want to join the conversation?
$PG's net sales for 4Q16 decreased by 3% to $16.1Bil from the previous year quarter, including a negative 3 point impact from FX and negative 2 point impact from combination of Venezuela deconsolidation and minor brand divestitures. Organic sales rose 2% on higher organic volume.
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.