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In 3Q15, $TSCO's comp transaction count increased for the 30th consecutive quarter, gaining 3.8% on top of the 3.3% increase last year. Average comp ticket decreased by 90 BPs compared to last year's 220 BPs increase. Big ticket was the principal driver of the average ticket decrease.
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.