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$FIVE ended 1Q16 with 458 stores, an increase of 73 net new stores or 19% versus 1Q15. Gross profit increased 27.8% to $60.3MM. GM increased by approx. 60BP to 31.3% driven by freight leverage and fixed cost leverage. Operating income increased 53.1% to $10.8MM or 5.6% of sales. Effective tax rate was 37.6% in 1Q16.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!