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$HBIâ??s 1Q16 gross profit margin declined from last year, due to some inventory reduction costs which resulted in a 20-BP decline in margin. Company has guided for about $20MM of inventory related costs in 2016, $8MM of which hit P&L in 1Q16 with the majority of the remaining costs expected to come in 2Q16.
$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.