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Jefferies analyst Dan Binder questions whether Consumer Electronics category will return to positive comps by holiday given the changes being made. $TGT says that it will be largely driven by new innovation that it will bring to guests in 4Q16. The success of this category is going to be driven by new news, that connects to guests & drives traffic.
Visa ($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.