Want to join the conversation?
$LANC, manufacturer and marketer of food products, reported higher 4Q16 results, helped by higher net sales and operating income. $LANC said net income rose 19.71% to $30.61MM, or $1.12 per share from $25.57MM, or $0.93 per share a year ago. Revenue rose 2.43% to $284.49MM, led by sales growth in the retail channel.
$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?