Want to join the conversation?
Maker of Corn Flakes and Pringles chips $K said that 1Q16 currency-neutral comparable sales, excluding the Venezuela impact fell by 1%. Reported operating profit was $438MM, including the impact of mark-to-market accounting, Project K upfront cost, and the currency remeasurement to the Venezuelan business. Comparable EPS was $0.97 for the quarter.
$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.