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Footwear company $CAL posted lower 4Q15 net income of $11.41MM or $0.26 per diluted share vs. $16.24MM or $0.37 per diluted share in 4Q14, hurt by a loss of $1.72MM of income tax provision. Adjusted diluted EPS was $0.26 for the quarter. 4Q15 net sales fell 1.09% to $0.6Bil vs. 4Q14, hurt by lower cost of goods sold.
Visa ($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.