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In 4Q16, $EAT's revenue grew 15.4% to $881.7MM and company sales grew 15.8%, mainly due to 103 restaurants acquired with the Pepper Dining deal in 1Q16 as well as the additional operating week in the quarter. Total company comp restaurant sales fell 2.2%, with Chili's company-owned down 1.8%, Maggiano's down 1.7% and Chili's franchise down 3.4%.
Visa ($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.