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$VRA said cash and cash equivalents and short-term investments as of April 30, 2016 totaled $81.8MM and the company had no debt outstanding. Net Capex for 1Q17 totaled $5.6MM. During 1Q17, $VRA purchased approx. $5.7MM of shares equating to approx. 354,000 shares at an avg. price of $16.05.
Visa ($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.