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For FY16, $COH expects its Coach Brand directly operated square footage to be up low-single digits globally. Internationally, distribution of growth will be led by Europe and China where the company can continue to project double-digit increases in square footage. $COH expects to open approx. 10 new directly operated locations in FY16.
Visa ($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.