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$EL expects FY16 net sales growth of 4-5% and net sales in constant currency basis to grow 9-10%. Net sales, adjusting for the effect of the accelerated retailer orders, are predicted to grow between 7% and 8% in constant currency. $EL sees EPS of $3.00-3.07, while lifted EPS before restructuring charges outlook by 2 cents to $3.09-3.14.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.