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Credit Suisse analyst Seth Sigman questions if there is any improvement in the four-wall operating profit. $TUES says that there should be improvement in the four-wall as they go hand-in-hand. In some of the stores, there is a temporary hurdle to get over as it relates to additional rent expense. But the payback period for these stores is 2 years.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.