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Missouri-based company $ORLY said 2Q16 comparable store sales growth was in line with its guidance of 3-5%. Total company sales grew 7%. Operating margin was 19.5% and EPS grew 16%. The professional and DIY sides contributed to the comparable store sales growth. $ORLY saw increases in comparable ticket avg. and transaction count.
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.