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New York City-based $CL said 1Q16 organic sales growth is well within its targeted range of 4-7%. Gross profit margin reached a longstanding goal of 60%. Advertising as a percent of sales was at a solid 10.6%, even with the year ago quarter, but up 230 BPs from 4Q15 behind strong new product activity.
$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.