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Luxury lifestyle brand $KORS' FY16 revenue grew 7.8% versus FY15, mainly due to increase in non-comparable retail store sales and wholesale sales. FY16 included incremental net retail sales attributable to the 53rd week and incremental revenue due to consolidation of MK Panama and acquisition of MK Korea in FY16.
$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.