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David Driscoll from Citi asks about the pacing of input cost inflation for the remainder of the year and beyond. $MKC said the company is still expecting this year to be low single digit inflation in the input costs. The company doesn't expect any material change quarter-to-quarter on that. For next year, $MKC is in the midst of strategic plans.
Visa ($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.