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Clothing retailer $FRAN reported a 14% rise in 2Q16 earnings driven by higher sales. Net income rose to $10.59MM or $0.27 per share from $9.3MM or $0.22 per share last year. Net sales grew 9% to $115.26MM, on addition of 44 net new boutiques and 37% jump in ecommerce sales driven by increased website traffic and conversion rate.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.