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$GCO's comparable sales, including same store sales and comparable e-commerce and catalog sales, for 2Q17 slid 1%, with 4% fall in Journeys Group, flat comps at Lids Sports Group, 1% fall in Schuh Group, and 3% rise in Johnston & Murphy Group. Comparable sales reflected a 2% fall in same store sales and a 1% decline in e-commerce sales.
Visa ($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.