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$SJM 1Q16 PR: Net sales for quarter were $1,952MM compared to $1,324MM in first quarter of 2015; an increase of 47%, reflecting the contribution of Big Heart Pet Brands, acquired in FY15 & Company's U.S. retail launch of Dunkin' Donuts (R) K-Cup (R) pods during quarter. Net income for quarter was $136.4MM compared to $116MM in first quarter of 2015
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$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?