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$URBN stated that it ended 2Q17 with $328MM in cash and marketable securities. During 2Q17, the company paid down $25MM of its outstanding revolver, leaving $50MM currently outstanding. For 3Q17, $URBN is planning 6 new Anthropologie stores, including 1 new Anthropologie store in Europe, 2 new Urban Outfitters store and 3 new Free People stores.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.