Want to join the conversation?
$TUP, a direct seller of plastic storage containers and cosmetics, reported a 16% drop in 2Q16 earnings due to lower sales from Europe and Beauty North America. Net income fell to $52.4MM or $1.03 per share from $62MM or $1.23 per share. Net sales slid 4% to $564.7MM, due to a 7 point hit from exchange rates. Adjusted EPS rose to $1.16 from $1.07.
Visa ($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.