Want to join the conversation?
$SONC said in 3Q16, franchise royalties and fees increased by 6.8%, driven by same-store sales growth, increased franchise-operated units and the expiration of some development incentives. Total company operating margins improved 140BP to 23.5%, driven primarily by SG&A leverage. Company drive-in margins contracted by 40BP during 3Q16.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
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.