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For 2Q16, $TSCO's SG&A, including D&A as a percentage of sales, delevered by 15 BPs to 21.6% of sales versus 21.4% of sales in 2Q15. The deleverage was due to the lower comp sales, as SG&A expense grew 5.2% versus prior year. Effective income tax fell to 36.8% in 2Q16, due to additional federal and state tax credits.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.