Want to join the conversation?
San Francisco-based retailer $GPS reported that sales declined 4% YoverY to $2.01Bil during the five-week period ended Jan. 2, 2016. Comparable sales declined by 5% in Dec. 2015 vs. a 1% increase last year. Banana Republic same-store sales fell 9% and Old Navy fell 7%. Gap Global sales fell 2%.
$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!