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$OXM, owner of the Tommy Bahama, Lilly Pulitzer, Ben Sherman, Lanier Clothes and Ben Sherman clothing lines, reported a 2Q16 profit of $23.88MM or $1.44 per share compared to a loss of $2.02MM or $0.12 per share last year, driven by higher sales. Net sales grew 13% to $283MM. Adjusted EPS increased to $1.48 from $1.32.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.