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$VFC 2Q15 Call: Sportswear revenue grew 1 percent. Nautica's revenue was down at a low single-digit rate and Kipling's revenue in U.S. was up 20% vs. 2Q14. International business was 34% of total revenue vs. 36% 2Q14. VFC is operating a 139 more stores than 2Q14. Operating margin was 8.9%, down 30 BP.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
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!