$ABBV 2Q15 Call: Earlier this year, we entered into collaboration with C2N Diagnostics to develop and commercialize a portfolio of anti-tau antibodies. We recently received an Orphan Drug Designation for HUMIRA and initiated a phase I program. We are on track to start clinical development with C2N in Alzheimer’s disease in 2016.
People who are looking for a steady growth stock should take a look at $EME. This stock has never had a significant downfall in the last five years. Comfortably beats consensus target most of the time. Such potential, much wow!
$TSN said it continues to see growth in its retail and foodservice businesses. This growth, coupled with beef and pork segments performing well in excess of their normalized ranges, has $TSN poised to achieve its best quarter in history. The company reiterated that its chicken and prepared foods margins have returned to their normalized ranges.
$COST said that on the Scan and Go model of $AMZN, the company is not testing Scan and Go like things currently but is looking at it. The company added that it has done self checkout for a while and stopped it as the company was getting people through without self checkouts.
At 1Q17-end $COST's executive members stood at 17.7MM member household, up 348,000 sequentially. Core merchandising for the quarter was up 19% YoverY, while ancillary business slid 5% from a year ago. GM of core merchandising categories (food and sundries, hardline, softline and fresh foods) rose 17 BP YoverY, with softlines declining marginally.
$COST saw deflation overall in the low to mid single digit in food and fresh meat categories in 1Q17. Membership fees was 6 BP as a percent of sales, up $37MM YoverY. The company also reported good renewal rate in terms of membership fees; 90.3% in US and Canada and 88% worldwide.
its men’s business growing around 25% of the total in penetration by 2020. This
implies a faster growth pace for men’s. The company sees a lot of opportunity
in this business. $LULU posted double digit comps in women’s pants in 3Q16. The
company is seeing strong momentum in women’s pants into 4Q16.