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$ZUMZ's 3Q16 gross margin is expected to fall 75-125 BPs versus 3Q15, due mainly to deleveraging of store occupancy costs. Consolidated operating margins are expected to be 4-5%. For 2016, the company expects product margins to improve from 2015, with the largest YoverY opportunity in 4Q16. $ZUMZ plans SG&A to grow at a greater rate than in 2015.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.