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Apparel and footwear company $BKE said that for the 5-week period ended July 2, 2016, comparable store net sales, for stores open at least one year, fell 10.6% vs. 5-week period ended July 4, 2015. Net sales for the 5-week fiscal month ended July 2, 2016 fell 10.1%to $78.3MM vs. $87.1MM for the prior year 5-week fiscal month ended July 4, 2015.
Visa ($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.