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$BBBY said that for FY16, the company expects comp sales increase of 1-2% with total sales being about 90BP higher than the comp. The company is modeling the full year impact of tech investments to be approx. $0.17 per diluted share. $BBBY expects FY16 depreciation expense of $290MM and expects to open approx. 30 new stores across all concepts.
$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.