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$AZO said gross profit, as a percentage of sales, was 52.8% in 3Q16 versus 52.3% in 3Q15. The growth was due to higher merchandise margins, partially offset by higher supply chain costs associated with current year inventory initiatives. OpEx, as a percentage of sales, was 32.2% versus 31.6% last year, due to higher legal expense and store payroll.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.