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$WDFC said that in 3Q16 net sales of maintenance products rose 6% vs. 3Q15, helped by increased sales of WD-40 Multi-Use Product and WD-40 Specialist throughout most of the EMEA segment. On the other hand, net sales of homecare and cleaning products fell 10% vs. 3Q15. This group is considered to be harvest brands providing healthy profit returns.
Visa ($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.