Want to join the conversation?
$SBUX, which competes with $PEP and $DNKN, said its strong 1Q16 performance was highlighted by a 9% increase in comp store sales in the US and 8% increase in comp store sales globally with a third sequential quarter of a 4% increase in global traffic.
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.