Want to join the conversation?
$CAL said for 1Q16, Famous Footwear segment same-store sales were up 1%, while GM fell 46 BP to 46.3%. The segment opened 10 new stores and operated three more stores YoverY, while inventory fell 1.7% on an average store basis. Brand Portfolio segment sales fell 9.1%, while GM rose 279 BP to 35.9% for 1Q16. The segment's inventory was down 4.1%.
Visa ($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.