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Michael Binetti of UBS asks for an update on store closure and sales recapture. CEO Sam Sato said when its store closure program was announced, $FINL expected it to improve store profit margins by 100 BPs over the next several years and the company is on track to hit this target. He added that company is currently approaching about 20% recapture.
$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.