Want to join the conversation?
In 2Q16, $AEO said it opened 5 stores and closed 7 stores, while internationally, the company opened 13 licensed stores. Total merchandise inventories at the end of 2Q16 rose 3% to $422MM, due in part to accelerated receipts to support $AEO's marketing programs. For 3Q16, qtr. ending inventory at cost is expected to be up in the low-single digits.
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.