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$FOSL said the company is on track to launching connected accessories across more of the brands in the company's portfolio & is well on its way to deliver the product in 3Q16. During the quarter, $FOSL drove growth in both Fossil and Skagen & with 7% constant currency growth in Skagen, led by solid performance in watches would drive future growth.
Visa ($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.