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$GIS' U.S. Retail segment net sales totaled $2.76Bil in 2Q16, down 4% from 2Q15 due to lower pound volume. International businesses net sales declined 12% to $1.16Bil, as foreign currency exchange reduced net sales growth by 15 percentage points. Net sales for the Convenience Stores and Foodservice segment totaled $506MM, 4% below year-ago levels.
$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.