Want to join the conversation?
Michael Lasser of UBS asks about margins for 2H16. $AAP said there are 3 drivers. SG&A and supply chain deleverage will be the biggest driver of operating margins in 2H16. The second is investments in service and availability and the third is inventory which is expected to be up low single-digits by year-end. $AAP expects some strain on 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.