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$FOSL said its global retail comps for 2Q16 fell 3% vs. the year ago quarter. Positive comps in the company's full-price stores were more than offset by comp declines in its outlet stores and an increase in Asia was offset by a decline in the Americas and Europe. Comparable sales increase in leathers was offset by a decline in watches and jewelry.
Visa ($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.