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On a rolling four-quarter basis, $KR's FIFO operating margin excluding fuel increased by 20 BPs and return on invested capital was 14.24%. $KR continues to expect ROIC for FY15 to increase slightly from FY14 results. $KR benefited from higher fuel margins in 2Q15 and expects fuel volatility to continue for the remainder of the year.
Visa ($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.