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Dublin, California-based $ROST said during 1Q16 home and shoes were the best performing merchandise categories, while ladies apparel underperformed. Geographically, the Midwest and Mid-Atlantic were the strongest regions. Total consolidated inventories were flat versus the prior year with average in-store inventories down slightly.
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.