Today the Postal Regulatory Commission (Commission) called for public input and comment as it prepares a statutorily mandated report to the President and the Congress on the operation of the Nation’s postal laws. The Commission established Docket No. PI2016-3 for this purpose. The Commission identified 13 areas of interest on which the public may focus its comments in addition to any other issues of interest related to the operation of the amendments of the PAEA. 1.Postal Service Financial Situation 2.Market Dominant Rate System 3.Competitive Rate System 4.Negotiated Service Agreements 5.Post Office Closing/Consolidation Procedures 6.Service Standards 7.Nonpostal Services 8.The Postal Service Fund and the Postal Service Competitive Products Fund 9.Advisory Opinion Process 10.Market Tests 11.Universal Service Obligation and the Postal Monopoly 12.Requirement of a Public Representative 13.Requirement of Commission Inspector General
Earnings per share for the third quarter ended Oct. 28, 2017, decreased 29 percent to $0.30 compared to $0.42 for the quarter ended Oct. 29, 2016. Third quarter operating income decreased 18 percent to $231.7 million compared to $283.6 million last year, and net income was $86.0 million compared to $121.6 million last year.
The company reported net sales of $2.618 billion for the third quarter ended Oct. 28, 2017, an increase of 1 percent, compared to net sales of $2.581 billion for the quarter ended Oct. 29, 2016. Comparable sales decreased 1 percent for the third quarter ended Oct. 28, 2017. For the third quarter ended Oct. 28, 2017, the exit of the swim and apparel categories had a negative impact of about 2 percentage points to both total company and Victoria’s Secret comparable sales.
more detail at: http://investors.lb.com/phoenix.zhtml?c=94854&p=irol-newsArticle&ID=2317258