6 Quotes by Justin Hott
- Author Justin Hott
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We still think it is too soon to call Avon a successful turnaround in progress.
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- Author Justin Hott
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Kimberly did not miss, so we expect investors will gain more faith that other companies yet to announce, such as P&G, Colgate and Alberto-Culver, will also have some more optimistic news to share with the market.
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Regis missed earnings badly in a critical quarter for establishing credibility with consumer investors. Instead, this miss has created questions as to whether Alberto's beauty supply business is truly better off as a part of Regis.
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We expect some disappointment in a flat top line (revenue forecast) for 2006. We would not be surprised if the stock (were) to trade down early on these numbers.
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We think negative news was already priced in and that Kimberly meeting estimates is enough for shares to rise after its recent decline.
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The company did this quarter what it did last quarter: Meet estimates while reinvesting in a tough time. But we think investors were expecting upside,
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