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$DLTR is expanding its Stockton, California distribution center by 0.3MM sq. ft. and expects this project to be completed in 2Q16. Company is in the process of enabling its distribution centers to ship merchandise to both Dollar Tree and Family Dollar stores, and expects the first pilot facility to be operational in 3Q16.
Visa ($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.