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$DRI said that Olive Garden's 3Q16 segment profit of $220.1MM was $18.7MM higher vs. 3Q15 and segment profit margin was 21.6%. All segments significantly improved quarterly profit led by LongHorn Steakhouse's segment profit growth of $19.1MM, up 29% vs. 3Q15 and segment profit margin increase of almost 400 BP to 20%.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.