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$TUP's net sales for 3Q16 rose to $521.8MM from $521MM in the previous year quarter. Emerging markets, which accounting for 71% of sales, were up 2% in dollars and 5% in local currency. The most significant contributions to 3Q growth in local currency were in Argentina, Brazil, China, Mexico and South Africa.
Visa ($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.