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Accessories retailer $EXPR said in 1Q16, merchandise margin grew by 20BP and GM grew by 30BP. Comparable sales declined 3%, which was below expectations. The company has implemented a new order management system that will enable in introducing new channel capabilities to customers.
$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.