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$WMT's Walmart US segment 1Q17 net sales rose 4.3% versus 1Q15, mainly due to comp store sales increase and positive customer traffic. Walmart International net sales fell 7.2%, mainly due to negative impact of exchange rate fluctuations and negative comp sales in the UK. Sam's Club net sales rose 1%, mainly due to YoverY growth in retail sq. ft.
Visa ($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.