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Children's specialty apparel retailer $PLCE reported a rise in 1Q16 earnings driven by higher sales and a rise in comparable retail sales as well as merchandise margin leverage and a higher average unit retail. Net income rose to $25.99MM or $1.33 per share from $15.61MM or $0.73 per share last year. Adjusted EPS jumped 59% to $1.32.
Visa ($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.