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$DG said it is on track to accelerate its square footage growth in 2016 to about 7% with 900 new stores and increase this growth to 7.5% in 2017 with about 1,000 new stores. The company's new store productivity remains in the range of 80-85% of its comp store base all while driving returns of 20% plus.
Visa ($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.