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For 1Q16, $FRAN expects net sales to be in the range of $108-112MM, which assumes a mid-single digit increase in comparable sales vs. 1Q15 comparable sales decrease of 2%. The company plans to open 20-25 new boutiques and close 1-3 underperforming boutiques in 1Q16. 1Q16 diluted EPS is expected to be in the range of $0.17-0.20.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
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.