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$HELE's Venezuelan net sales decreased by $5.8MM to $200,000 in 2Q17, almost entirely due to the change in exchange rate. Venezuelan operating income declined $1.8MM, which reduced the company's consolidated operating margin by 0.3 percentage points and the Beauty segment operating margin by 1.3 percentage points.
Visa ($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.