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$LB said net sales rose 2% for the 4 weeks ended April 30, 2016 to $737.5MM from $724.6MM in the previous year period. Comparable sales for April rose by 1%. Net sales for 1Q16 grew by 4% to $2.614Bil and Comparable sales increased by 3%. The company expects 1Q16 adjusted EPS at the high end of its previous forecast of $0.50-0.55.
$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?