Mixed Signals In Retail And Consumer Sectors
Barclays (NYSE: BCS) has cut 2010E EPS forecasts for Kimberley-Clark (NYSE: KMB) based on the indicators that the top and bottom line growth will lag behind peers.
Warnaco (NYSE: WRC) has shown a healthy top line growth and the international expansion together with a direct-to-customer approach is expected to click.
Dr. Pepper Snapple’s (NYSE: DPS) distribution agreement with PepsiCo (NYSE: PEP) will result in an upfront receipt of a $900 million for Dr. Pepper but increase PepsiCo’s costs beyond estimates.
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