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Ike Boruchow with Wells Fargo asks about the drag in merchant margins in 2Q16 and how does it look moving into 3Q16 and 4Q16. $GPS said the company hasn't guided to merchant margins or GM. What the company is striving for is improvement, which depends on where the traffic comes from.
Visa ($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.