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Upscale clothing company $RL reported a drop in 3Q16 earnings due to above-average temperatures, fall in foreign tourist traffic and product assortment challenges in Lauren brand. Net income slid to $131MM or $1.54 per share from $215MM or $2.41 per share last year. Revenue slid by 4% to $1.95Bil. Adjusted EPS was $2.27.
$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.