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$PERY reiterated its FY17 guidance, expecting total revenues to be in the range of $910-915MM. This guidance reflects continued FX pressure of 1% and a 2% revenue impact from non-core or exited brands. Adjusted EPS is expected to be in the range of $1.90-1.95 and FY17 GM is expected to expand 30-40 BP to a range of 36.1-36.2%.
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.