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$SPLS said it 2Q16 sales declined 4% vs. 2Q15. Non-GAAP diluted EPS of $0.12 excluded pretax charges of $986MM mainly due to impairment of goodwill and other assets and costs related to the termination of the $ODP merger. Gross profit dollars fell $67MM vs. 2Q15, excluding a $4MM charge related to $SPLS' decision to exit certain lines of business.
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.