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$ANF said that US Hollister brand comp sales improved during 1Q16. While seasonal categories were weak, the company said it saw strength in other areas. Female business comps remained positive in the US led by continued strength in tops as $ANF invested in on-trend categories, which drove strong performance in shirting and fashion tops.
Visa ($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.