Alphabet (NASDAQ:GOOGL) Partners with H&M Group’s Digital Fashion House; Names “Coded Couture”

Alphabet Inc. (NASDAQ:GOOGL) [Trend Analysis] climbed reacts as active mover, shares an advance 0.53% to traded at $826.00 and the percentage gap between open changing to regular change was 0.47%. Google (GOOGL) declared that it has partnered with H&M Group’s digital fashion house, Ivyrevel for a new project named “Coded Couture”. As part of this project, Google and Ivyrevel have created an Android application that will make use of the search giant’s Awareness API to collect personal data regarding the users and in turn create customised dresses specifically for them. Google’s Awareness API provide the Coded Couture app with information regarding the user’s location, weather, activities, daily routine, and nearby beacons to help it come up with a customised dress that suits their needs.

Users have to specify the occasion (like Business, Party, or Gala) for which they need the dress and then on basis of their activities, the location, and other requirements, it comes up with a customised Data Dress that can be further customised before being bought by the user. The firm’s current ratio calculated as 6.30 for the most recent quarter. The firm past twelve months price to sales ratio was 6.18 and price to cash ratio remained 6.47. As far as the returns are concern, the return on equity was recorded as 14.90% and return on investment was 13.30% while its return on asset stayed at 12.30%. The firm has total debt to equity ratio measured as 0.03.

Panera Bread Company (NASDAQ:PNRA) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.40% to close at $216.33 with the total traded volume of 20832 shares. Panera Bread Company (PNRA) is targeting fiscal 2017 non-GAAP earnings per share of $7.45 to $7.70, up 11% to 14%, when compared to fiscal 2016. The company is targeting company-owned comparable net bakery-cafe sales growth for fiscal 2017 of 3.5% to 4.5%.

The company’s fiscal 2017 new bakery-cafe target is 70 to 80 system-wide bakery-cafe openings and the average weekly net sales performance target for new company-owned bakery-cafes is $47 thousand to $49 thousand. The company further expects to relocate 15 to 20 system-wide bakery-cafes, which is not included in the new bakery-cafe target.

Ron Shaich, CEO, said, “With peak investments and important scale behind us, we are now focused on completing the rollout of our initiatives and reaping the benefits. Because of the strength of our initiatives, we are confident our efforts will translate into market share gains and sustainable double-digit earnings growth.” Its price to sales ratio ended at 1.80. PNRA attains analyst recommendation of 2.00 with week’s performance of 2.35%.

 

About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

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