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Clothing retailer $CATO reported a 15% rise in 1Q16 earnings on higher gross margins, change in recognition of unredeemed gift cards and favorable adjustments to effective tax rate. Net income rose to $35.87MM or $1.29 per share from $31.08MM or $1.11 per share. Total revenues grew to $287.97MM from $283.9MM. Same-store sales were flat.
$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.