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For FY17, $KORS expects revenue to be flat versus FY16 and comp sales to decline in mid-single digit range. Diluted EPS is expected to be $4.56-4.64 on a non-GAAP basis and $4.51-4.59 on a GAAP basis. GAAP operating margin is expected to be about 21.3%.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.