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$TIF also said it did not add any stores to the Americas store base in 1Q16 and also does not anticipate any growth in store location in the remainder of FY16. In Asia Pacific, total sales fell 8%, while comp store sales fell 15%, hurt by roughly equal declines in jewelry units and in changes in avg. price and product mix.
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.