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$DLTR opened 128 stores, expanded or relocated 53 stores, closed 28 stores and divested of 325 Family Dollar stores during 4Q15. As part of its re-banner initiative, the company opened 58 former Family Dollar store locations as new Dollar Tree stores during 4Q15. Retail selling square footage at the end of 4Q15 was approx. 108.4MM square feet.
Visa ($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.