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Tuxedo rental product provider $TLRD said it still expects to close about 250 stores before FY16-end. The company expects to close 80-90 full line Jos. A Bank stores, mostly in Jan. 2017, but certain of these stores have earlier lease expirations. $TLRD has closed nine of these stores so far.
Visa ($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.