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Christopher Mandeville of Jefferies asks about merchandise margins at the Flash Foods stores. $CST said it has seen margin improvement and it is introducing programs to improve margins. The focus is on bringing together best practices from Flash Foods and $CST for integration and capturing of synergies. $CST expects margin expansion to continue.
$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?