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In 4Q16, $RL's Wholesale segment revenues decreased 5% in constant currency and 6% as reported to $942MM. Retail segment sales rose 7% in constant currency and 6% on a reported basis to $889MM. E-commerce revenue was up mid single digits globally. Licensing revenues increased 8% in 4Q16.
$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?