Want to join the conversation?
For FY16, $OXM expects interest expense to be approx. $3.5MM & effective tax rate to be around 36%. CapEx is expected to be approx. $55MM, mainly related to IT initiatives, including additional omni-channel capabilities, new retail stores, relocation & remodeling of some retail locations, & remodeling of Tommy Bahama restaurant in Scottsdale, AZ.
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.