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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.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.