Want to join the conversation?
$M still expects full-year 2016 comparable sales on an owned plus licensed basis sales to decrease in range of 3-4%, with comparable sales on an owned basis to be about 50 basis points lower. The company still expects EPS, excluding asset impairment charges and retirement settlement charges, in FY16 to be in a range of $3.15-3.40.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.