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In 4Q16, $RL's Wholesale segment revenues decreased 5% in constant currency and 6% as reported to $942MM. Retail segment sales rose 7% in constant currency and 6% on a reported basis to $889MM. E-commerce revenue was up mid single digits globally. Licensing revenues increased 8% in 4Q16.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.