For 3Q16, $YHOO expects GAAP revenue to be $1.275-1.325Bil, TAC to be approx. $440MM and revenue ex-TAC to be around $840-880MM. Adjusted EBITDA is expected to be $190-220MM and non-GAAP operating income is expected to be $65-95MM.
$COF believes that it will deliver solid EPS growth in 2017 due to the strong growth over the last two years, assuming no substantial change in the broader credit and economic cycles. The company expects revenue to grow and drive growth in pre-provision earnings.
$TXN's gross profit in 4Q16 was $2.13Bil or 62.5% of revenue. The increase was mainly due to higher revenue and lower manufacturing cost. Operating expenses were $754MM or 22.1% of revenue, while operating profit was $1.32Bil, up 15% YoverY.
$PVH has agreed to acquire the licensed Tommy Hilfiger men’s
tailored clothing business for North America from Marcraft Clothes, Inc. $PVH will acquire certain assets related to
the licensed business and the license agreement would be terminated effective
December 31, 2017. Terms of the transaction were not disclosed.