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$GIII expects 2Q17 net sales of about $485MM compared to $473.9MM in the comparable quarter last year. The company projects net income for 2Q17 of $7-9MM or $0.15-0.19 per share, compared to net income of $12.5MM or $0.27 per share in 2Q16.
$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?