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For 2Q16, $TXRH said that revenue growth of 11.9% was driven by an 8.4% increase in store week and a 3.7% increase in average unit volume. Comparable restaurant sales rose 4.5% comprising of 2.9% traffic growth and a 1.6% increase in average check. The company said that comps during 2Q16 were positively impacted by approx. 50 BP.
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.