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Kearney, Nebraska-based $BKE said gross margin for 1Q16 was 38.9%, down approx. 300 BPs from 41.9% for 1Q16. The company added that selling expense for 1Q16 was 19.5% of net sales compared to 18.1% of net sales for 1Q16. General and administrative expenses were 4.4% of net sales, compared to 4.3% of net sales for 1Q15.
$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.