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For 2Q16, $FIVE expects net sales to be $216-219MM based on opening 28 new stores and assuming an approximate 3% increase in comparable store sales. Net income is expected to be $8.5-9.2MM and EPS is expected to be $0.16-0.17 on approx. 55MM estimated diluted weighted average shares outstanding.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
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.