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$YUM 2Q15 Call – Pat, CFO: China Division system sales declined 4%; Restaurant margin down 2.2% to 14.6%. KFC Division system sales increased 6%; operating margin up 1.3% to 21.9%. Pizza Hut system sales increased 1%; operating margin down 90 BPs to 22.6%. Taco Bell Division system sales up 9%; operating margin up to 4.7% to 29.5%.
$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.