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$KORS 1Q16 PR: Retail net sales increased 9% to $523.3MM and on a constant currency basis, retail net sales grew 16%. Wholesale net sales increased 4.2% to $424MM and on a constant currency basis, wholesale net sales grew 9.7%. Licensing revenue increased 20.5% to $38.7MM.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?