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In 4Q16, $AZO's GM was 52.8% of sales, up 30BP. The improvement in GM was attributable to lower acquisition costs partially offset by higher supply chain costs associated with the current year initiatives. EBIT was $703MM, up 5.1% over 4Q15. EBIT margin was 20.7%. Debt outstanding at 4Q16-end was $4.9Bil.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.