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Convenience store chain $CASY reported a rise in 1Q17 earnings on higher fuel gross profit as both same-store gallons and margin exceeded goal. Net income rose to $67.4MM or $1.70 per share from $61.81MM or $1.57 per share last year. Revenue fell to $1.97Bil from $2.05Bil, due to weaknesses reported in convenience and food service industries.
$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?