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$COH expects FY17 revenue to increase by low-to-mid single digits, including a foreign currency benefit of about 100-150 BPs. Company expects operating margin to be 18.5-19.0%. Interest expense is expected to be about $25MM while tax rate is projected at about 28%. Company expects double-digit growth in both net income and diluted EPS.
$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.