Want to join the conversation?
$URBN said total SG&A expenses for 2Q17 were up 5% to $224MM. Total SG&A as a percentage of sales deleveraged by 48 Bps to 25.2%. This deleverage was mainly due to an increase in direct marketing and technology-related expenses to support the company's strong direct-to-consumer growth.
$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.