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$GME is on track to open/acquire approx. 450-550 Technology Brands (TB) stores in FY15; opened 29 Video Game Brands stores and opened/acquired a net of 247 TB stores in 1H15. Company is projecting FY15 CapEx to be approx. $150-170MM, which is to be used primarily to fund continued growth of TB businesses, distribution and other digital initiatives.
Visa ($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.