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$PEP said Kickstart generated more than $300MM in estimated retail sales in 2015 and posted a 34% volume growth in 1Q16. To capitalize on increased out of home food and beverage consumption, $PEP consolidated its food services resources into one team. In US, food service now represents approx. 14% of total revenue for the company.
Visa ($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.