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$ROST 2Q15 Call: Cost of goods sold increased 20BP mainly from a 40BP increase in distribution expenses that were impacted by the opening of a new distribution center during the second quarter. Freight & buying costs also increased 10BP and 5BP respectively.
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.