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During 2Q16, $FIVE's sales were $220.1MM, up 20.8% from $182.2MM in 2Q15. The company ended the quarter with 491 stores, an increase of 74 new stores or 17.7% vs. 417 at 2Q15-end. Comparable store sales rose 3.1% vs. 3% comp increase in 2Q15. This comp increase was driven by higher average ticket, offset partly by slight decline in transaction.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.