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$EL 4Q15 Call: During the year, we opened 130 freestanding stores across several brands. We now operate over 1,000 freestanding stores, which provide a more complete brand immersion, and their sales also rose double digits. We also have another 360 freestanding store operated through distributors.
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.