Want to join the conversation?
$BBY 1Q16 10-Q: In 1Q16, the company consolidated Future Shop and Best Buy stores and websites in Canada under Best Buy brand. This resulted in permanent closure of 66 Future Shop stores and conversion of remaining 65 Future Shop stores to Best Buy brand. In 1Q16, BBY incurred $188MM of restructuring charges related to implementing these changes.
Visa ($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.