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$DLTR said for 1Q16 the Family Dollar banner delivered a low single-digit positive comp store sales increase, driven by increased traffic, partially offset by a slight decline in average ticket. The strongest sales increases by month were in Feb. and March, reflecting the Easter shift. Comp store growth was led by the Northeast and Mid-Atlantic.
Visa ($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.