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$BBY said in appliances, the company leveraged its 176th Pacific Kitchen & Home stores within a store and ongoing market share gains to deliver a 14% increase in revenue and its 22nd consecutive quarter of comp sales growth. The company stated that it expects to roll out incremental stores within a store throughout the year.
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.