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$SMRT had 283 stores at end of 1Q16 compared to 270 last year. $SMRT opened 5 new stores during 1Q16. $SMRT now sees to open total of 13 new stores, close 2 stores and relocate 2 stores in 2016. $SMRT still sees new stores will rise sales an estimated 4% above comparable store sales results for the year.
Visa ($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.