Want to join the conversation?
Fashion specialty retailer $JWN reported lower 1Q16 earnings, mainly driven by lower than expected sales and higher markdowns to better align inventory to current trends. Net earnings were $46MM or $0.26 per diluted share compared to net earnings of $128MM or $0.66 per diluted share in 1Q15. Net sales rose 2.5% to $3.2Bil in the quarter.
$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.