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$SBUX, owner of brands such as Tazo and Ethos, said that the launch of the new rewards program could result in some noise in comp figures as customers and partners adapted to the program changes. The company said that it entered nearly 2MM new members YoverY in its award program, representing 18% and 300,000 net new members in 3Q16.
Visa ($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.