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The Calvin Klein and Tommy Hilfiger brands owner $PVH reported a jump in 1Q16 earnings driven by gain to write-up its equity investment in TH China to fair value. Net income rose to $231.6MM or $2.83 per share from $114.1MM or $1.37 per share last year. Total revenue grew to $1.92Bil from $1.88Bil. Non-GAAP EPS was $1.50 for 1Q16.
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.