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Brett Levy of Deutsche Bank asks for an update on structural margins. $MCD said in 2Q16, margins grew 30BP in the US with 1.8% comp sales. $MCD was able to effectively manage restaurant profitability in 2Q16. The company believes it will be able to return to high margin levels in the US going forward.
Visa ($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.