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MKC 2Q15 Call – Alan, CEO: Special charges along with currency lowered our operating income results. However, we grew adjusted operating income in constant currency at 7%. The improvement in profit growth supports our reaffirmed outlook for 6-7% in adjusted operating income growth in 2015 on a constant currency basis.
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.