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$KR said it achieved 48th consecutive quarter of positive identical supermarket sales growth with ID sales growth of 5.4% and expanded FIFO operating margin, without fuel, on a rolling four quarters basis. $KR leveraged its OpEx as a rate of sales due to cost controls and identical supermarket sales growth.
Visa ($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.