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Michael Gallo of CL King asks about the impact of Brexit in U.K. sales. $ENS says that it experienced some impact in the U.K., which accounts for roughly 10% of the company's European sales. Given the change in the pound, $ENS had to do some price increases in the U.K. How well the U.K. sales team can deliver will be the biggest impact, $ENS said.
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.