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$AZO's net sales for the six months ended February 13, 2016 increased 5.4% to $4.6Bil versus the prior year period. Total auto parts sales grew by 5.5%, primarily driven by domestic same store sales and net sales of $76.4MM from new stores. Net income rose by $36.7MM to $486.7MM and diluted EPS grew by 14.1% to $15.72.
Visa ($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.