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$AZO's capital expenditures for 1Q16 were $86.7MM compared to $92.4MM in 1Q15. The decrease was mainly driven by timing of new location capital expenditures. $AZO opened 26 net new locations both during 1Q16 and 1Q15. Expenditures related to certain of these stores opened during 1Q16 occurred during FY15.
Visa ($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.