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During 3Q16, $TSN's Prepared Foods operating income was $197MM with a 10.9% operating margin. Sales dollars for this segment were flat and lower average selling price resulted from decreased raw material costs and successful pricing strategies to drive volume. The company captured $116MM in synergies in this segment with $37MM incremental to 3Q15.
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.