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$CBRL projects food commodity deflation of 2-3% for FY17 and operating margin of 9.5-10%. $CBRL sees depreciation expense of $85-87MM, net interest expense of about $15MM, and capital expenditures of about $125MM. The company anticipates effective tax rate for FY17 of 31-33%. For 1Q17, $CBRL sees EPS of $1.75-1.85.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.