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$MDLZ 2Q15 Call: Acquired Kinh Do snacks business in Vietnam. Confident of delivering 2016 adjusted operating income margin of 15-16%. Biscuits and chocolates now make up nearly 70% of company’s revenue, with gum and candy at about 15%. Post coffee, beverages segment is composed entirely of powdered beverages and represents 6% of revenue.
Visa ($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.