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$NKE expects the full year 2017 gross margin rate to contract. For 2Q17, gross margin is expected to contract by approx. 125 BPs with the rate in 2H17 approaching flat versus the prior year. For total SG&A, the company expects full year growth in the mid to high single digits with 2Q17 growing in the low to mid-single-digit range.
$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.