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$CBRL projects food commodity deflation of 2-3% for FY17 and operating margin of 9.5-10%. $CBRL sees depreciation expense of $85-87MM, net interest expense of about $15MM, and capital expenditures of about $125MM. The company anticipates effective tax rate for FY17 of 31-33%. For 1Q17, $CBRL sees EPS of $1.75-1.85.
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.