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Bank of America analyst Lorraine Hutchinson asks $KORS to discuss any divergence seen on trends between retail stores and outlets. CEO John Idol says that traffic in outlets is down in very small amount as opposed to the full-price stores. The company does not offer its products online, so that channel is seeing traffic issues.
Visa ($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.