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$TUES said that 4Q16 SG&A expenses were $85.3MM, up 10.5% vs. 4Q15. As a percent of net sales, SG&A rose 200 BP to 38.3% vs. 36.3% in 4Q15. This increase was driven mainly by higher store rent and depreciation, due in part to the company's strategy to improve store real estate, as well as increase store labor and advertising cost.
People seem to be cold about the $HAL earnings! Honestly, I expected more stock action by now.
$TSLA's Musk says Neuralink will take on AI prominence. Apparently, he wants to avoid a "Terminator" kind situation.
$JCP shares rebounded and now in green territory after saying it will hire 800 consultants as part of a beauty expansion that will include 70 new Sephora store-in-store locations.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.