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In 2Q16, $AEO said it opened 5 stores and closed 7 stores, while internationally, the company opened 13 licensed stores. Total merchandise inventories at the end of 2Q16 rose 3% to $422MM, due in part to accelerated receipts to support $AEO's marketing programs. For 3Q16, qtr. ending inventory at cost is expected to be up in the low-single digits.
$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.