Want to join the conversation?
Clothing company $RL posted 2Q16 net income of $160MM or $1.86 per share vs. $201MM or $2.27 per share last year. $RL said it had revenue of $1.97Bil which was $0.24Bil lower than last year. Gross profit for the quarter was $1.1Bil & gross profit margin was 56.5%. Due to unfavorable forex effects, gross profit margin was 30 BP lower than last year.
$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.