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Kimberly Greenberger of Morgan Stanley asks about retail EBIT margin in 2H17. CFO Joe Parsons said $KORS has a number of initiatives that are going to be positive for the rest of 2017, particularly in 2H17. He added that the company has a number of new products and the e-commerce launch in Europe, which will have a positive impact on EBIT margins.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.