Want to join the conversation?
For 2Q16, $AYI's effective tax rate was 34.2%, essentially flat with 34.4% in 2Q15. The company expects effective tax rate for FY16 to be 35.5% before any discrete items and that the rates in its taxing jurisdictions remain generally consistent throughout the year. Total debt outstanding for the company was $353.7MM at Feb. 29, 2016.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.