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$HIBB, which features brands like Nike, Adidas & Reebok, said that for FY17, it expects diluted EPS to be in the range of $2.90-3.04 and an increase in comparable store sales in the low single digit range. The company expects to open approx. 40-50 net new stores, relatively flat product GM and CapEx to be in the range of approx. $35-40MM for FY17.
Visa ($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.