Want to join the conversation?
Ronald Bookbinder of Coker & Palmer asks about the expectations for year-end 2017 inventories. CFO Anita Britt replied that $PERY ended 2016 with $183MM in inventories, and expects it to be somewhere in the range of $150-160MM at the end of 2017.
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.