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$COH said that it delivered 2Q16 net sales of 1.27Bil, up 4% vs. 2Q15 helped by good brand performances. The company's gross profit was $859MM. Total net sales for the Coach brand was $1.18Bil vs. down 3% and down 1% on constant currency basis vs. 2Q15. The Coach brand's GM benefited from channel mix with International segment outpacing.
$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.