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$BBY 2Q16 PR: As of Aug. 1, 2015, total assets were $13.57Bil vs. $14.35Bil as of Aug. 2, 2014. Total liabilities were $8.94Bil vs. $9.82Bil as of Aug. 2, 2014. Cash and cash equivalents as of Aug. 1, 2015 were $1.8Bil vs. $2.14Bil as of Aug. 2, 2014. Long-term debt was $1.23Bil vs. $1.59Bil as of Aug. 2, 2014.
Visa ($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.