Want to join the conversation?
$COH's 2Q16 Stuart Weitzman brand net sales were $94MM, while gross profit was $61MM on non-GAAP and reported basis, resulting in GM of 64.3%. The company recorded charges of $14MM under its multi-year transformation plan and approx. $10MM associated with the acquisition of Stuart Weitzman, which led to about $24MM in SG&A for the company.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?