Want to join the conversation?
$NKE, world's largest sporting goods maker, reported lower 4Q16 results, hurt by revenue growth, which was more than offset by lower GM, higher SG&A expense and a higher tax rate. $NKE said net income fell 2.1% to $846MM, or $0.49 per share from $865MM or $0.49 per share a year ago. Revenue rose 5.97% to $8.24Bil, helped by strong global demand.
$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.