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$FINL's merchandise inventories as of Feb. 27, 2016 grew 9.6% to $376.5MM versus $343.4MM as of Feb. 28, 2015. The increase was driven in part by a seasonal build in merchandise inventories associated with an earlier Easter versus last year. Merchandise inventories grew double digits at Macy's and JackRabbit and mid-single digits at Finish Line.
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.