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$VRA expects FY17 net revenues of $510-520MM and gross margin of 57.7-58.2%. $VRA sees EPS of $0.90-0.98, based on diluted weighted-average shares outstanding of 36.9MM and effective tax rate of 38.3%. $VRA sees selling, general and administrative expenses as percentage of net revenue of 47.3-47.5% and net capital spending of about $20MM.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.