Want to join the conversation?
$LB 2Q15 Call: Body Works in North America was $748MM, up 6% or $44MM to last year, and comps increased 5% on top of 3% last year. For the quarter, operating income was $138MM up 20% compared to last year. Our operating income rate has improved by 210BP to 18.4%, driven by improvements in gross profit and SG&A expense leverage.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.