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Retailer of men's suits $TLRD posted 1Q16 net earnings of $1.6MM or $0.03 per diluted share vs. $10.4MM or $0.21 in 1Q15. Adjusted diluted EPS was $0.29, excluding certain items for the quarter. 1Q16 net sales fell 6.4% to $0.83Bil, while Retail segment net sales fell by 7.0%, or $58MM and Corporate apparel sales rose by 2.9% or $1.8MM.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.