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Home decor retailer $KIRK reported a wider 2Q16 loss due to weak traffic across its retail locations as well as higher costs and expenses, despite a 6.7% growth in sales. Net loss widened to $3.57MM or $0.22 per share from $2.29MM or $0.13 per share last year. Net sales grew to $123.02MM from $115.29MM.
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.