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$TGT's gross margin for 4Q15 fell to 27.9% from 28.5% in the previous year quarter, as the benefit from a favorable merchandise mix was more than offset by investment in promotions. Selling, general and administration expense rate slid to 18.1% from 18.6%, as investments in store labor was more than offset by continued expense discipline.
Visa ($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.