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James Medvedeff of Cowen and Company probes on newer products coming in, in the accessory group and the mix lowering GM. $VOXX CEO Pat Lavelle said the company had some one-time adjustments which effected the accessory group, which was 80 BP overall in 4Q16. $VOXX believes the bottom line is consistent with what is there in the accessory group.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.