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$DKS now expects 3Q16 consolidated same store sales to increase about 2-3%, as compared to a 0.4% increase in 3Q15. $DKS expects to open about 25 new DICK'S Sporting Goods stores and relocate 4 DICK'S Sporting Goods stores in 3Q16. $DKS also sees to open about 7 new Field & Stream stores and 2 new Golf Galaxy stores.
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.