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$HAS' cost of sales increased 17.2% to $290.2MM or 34.9% of net revenues for the quarter ended March 27, 2016. Royalty expense was $70MM or 8.4% of net revenues. Product development expense was $57.2MM or 6.9% of net revenues. Advertising expense for the quarter ended March 27, 2016 was $79.9MM or 9.6% of revenues.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.