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$GCO said 3Q17 to date consolidated comps through Aug. 27, 2016 were down 5%, with stores down 5% and direct up 3%. By division, total comps were down 7% at Journeys, down 7% at Schuh, down 1% at Lids, and up 1% at Johnston & Murphy. Gross margin for 2Q17 improved 150 BPs to 50.3%, due to better-than-expected results in several of the divisions.
$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.