Want to join the conversation?
During 1Q16, $CPB's gross margin decreased from 35.3% to 34.3%. Excluding items, adjusted gross margin improved 2.6 percentage points helped by productivity improvements, higher selling prices, improved supply chain performance and lower promotional spending, partly offset by cost inflation.
$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.