Want to join the conversation?
Kimberly Greenberger of Morgan Stanley asks about retail EBIT margin in 2H17. CFO Joe Parsons said $KORS has a number of initiatives that are going to be positive for the rest of 2017, particularly in 2H17. He added that the company has a number of new products and the e-commerce launch in Europe, which will have a positive impact on EBIT margins.
$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.