Want to join the conversation?
$FOSL 2Q15 Call: Global retail stores continue to deliver positive comps, led by Americas. Brand saw a very strong growth in e-commerce channel. In retail channel, comp store sales increased 2% with positive comps in core category, watches and leathers. Business growth in Asia was below expectation.
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.