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For 2015, $SPLS' gross profit as a percentage of sales was 26.2% vs. 25.8% in 2014. The increase was driven by improved product margin rates in North American Stores & Online. The increase also reflects the impact of a $26MM of inventory write-down in 2014 related to the rationalization of SKU assortment & closure of North American retail stores.
$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.