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$KMX opened three new stores in existing markets, one in Providence, and two in Denver in 2Q16. After 2Q16, $KMX also opened two more stores, a 6th store in Houston and a 2nd store in Minneapolis; relocated Rockville, Maryland store to Gaithersburg. In 2Q16, $KMX notified Nissan of terminating its new car franchise at White Marsh effective 3Q16.
Visa ($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.