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Operator of Bob Evans Restaurants $BOBE said that 4Q16 net sales were $345.6MM, up 4% or $13.2MM vs. 4Q15. The company's non-GAAP net income for the quarter was $9.5MM or $0.48 per diluted share vs. $13.2MM or $0.56 per diluted share in 4Q15. For FY16, $BOBE reported consolidated GAAP operating income was $36.2MM vs. $17.7MM in FY15.
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.