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$KSS said merchandise inventories declined $81MM from May 2, 2015 to $4.1Bil at April 30, 2016. In 1Q16, inventory per store declined 2% from the year ago quarter, as increases in national brands were more than offset by decreases in both private and exclusive brands.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.