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$TGT 2Q15 Call: TGT was able to grow in traffic and sales both in stores and digital channels. Comparable sales increase of 2.4% was consistent with expectations; two-thirds of the increase was driven by growth in traffic with a smaller increase in avg. ticket. Digital sales grew 30% YoverY, slightly below expectations.
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.