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$CASY said that its average cost of cheese has locked in through Dec. of 2016 at $1.86 per pound compared to $1.89 per pound in 1Q16. Due to the sales increases in margin enhancement, the company was able to lift gross profit dollars in 1Q17 nearly 10% to $153.1MM.
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.