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$LZB said for FY16 throughout the La-Z-Boy Furniture Galleries store network, 28 projects were executed, including 16 new stores and 12 remodels, bringing the store count to 338. For FY17, $LZB has about 25-30 projects scheduled to be completed, and expects to end with about 120 stores in the new concept design format and 350 stores in total.
Visa ($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.