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$CTAS 4Q15 Call – Mike, CFO: Operating income for the quarter was $177MM which was 15.6% of revenue compared to an adjusted operating margin of 15.4% in the prior year. Full fiscal year operating income was $696MM or 15.6% of revenue this represents 120BP improvement over last year’s adjusted operating margin.
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.