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$GME said on the new businesses inside the GameStop branded stores, digital receipts growth was strong at 16.3% in constant currency in 2015, led by DLC, mobile publishing and Steam, Xbox and PlayStation Network currency. Collectibles was strong with sales of more than $300MM. About 25% of operating earnings came from non-physical gaming sources.
Visa ($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.