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$COH said that during 3Q16, as in 1H16, all of the retail channel assortment, both men's and women's were Stuart Vevers designs. This was the first quarter that included Coach 1941 that emphasized the elevation strategy. The Rogue, Saddle and Dinky all performed well with price points up to $800 and above.
Visa ($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.