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On a constant currency basis, $BCR's 4Q15 net sales in the US grew 2%. Internationally, the company grew 5%, with Europe up 7%, Japan down 22% and other international geographies up 16%. The decline in Japan was due to the work down of inventory that was recorded as revenue when $BCR sold into its Japanese JV prior to the acquisition of the JV.
Visa ($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.