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$RL, which houses brands like Polo, Club Monaco & Chaps, said that domestic revenue continued to be challenged, while international business posted 10% revenue growth YoverY. The company's average unit retail prices and gross profit dollars were both up significantly. Europe saw benefits from a shift in timing of Wholesale shipments during 1Q17.
Visa ($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.