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$TSCO expects FY16 EBIT margin to improve about 10-15 BPs. Tax rate is expected to be 36.8% for the year. Company projects FY16 diluted shares outstanding to be $134.5-134.8MM. In 4Q16, $TSCO has 53rd week and an additional comp sales day, and the additional sales week is expected to provide $0.03-0.04 increase to EPS.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.