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Anna Andreeva of Oppenheimer asks about $PLCE's 2Q16 comp guidance. CEO Jane Elfers said due to weather swings between East and West and the Memorial Day holiday moving out of May and into June, there will be pressure on May resulting in a more modest comp for 2Q16 versus 1Q16. But $PLCE is guiding for positive comp and margin expansion in 2Q16.
Visa ($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.