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$KR's gross margin for 2015 rose to 22.16% from 21.16% in 2014. This resulted primarily from fall in retail fuel sales and reductions in transportation costs and decline in LIFO charge, as a percentage of sales, partially offset by continued investments in lower prices for customers and increased shrink costs, as a percentage of sales.
Visa ($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.