Want to join the conversation?
$SPTN said that its Food Distribution segment saw sales growth vs. 1Q15 mainly due to contributions from its new business effort despite negative pressure from continued deflation mainly in proteins and dairy. The company began distributing private brand products to its newest accounts Gordy's in Feb.
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.