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Given softer-than-expected trends to date, $BKS expects FY17 comparable store sales to decline in the low single digits. Sales trends are expected to improve in 2H17, which includes a stronger title lineup with new releases from authors such as Bruce Springsteen, Megyn Kelly, JK Rowling, Amy Schumer, Joel Osteen, Nicholas Sparks and Bill O'Reilly.
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.