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$MAT's net sales in North American Region, which consists of the U.S., Canada and American Girl, increased by 3% as reported and in constant currency. In International Region, net sales fell by 10% as reported, and were down 4% in constant currency. Gross sales in North American Region rose by 1%, while falling by 9% in International Region.
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.