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$PLKI said that its system opened 43 new restaurants, including 20 international openings. At 2Q16-end, the system had 2,594 restaurants around the globe vs. 2,443 at 2Q15-end. The company generated free cash flow of $23.6MM and repurchased approx. 533,000 shares of its stock for $30MM, which was at the high-end of $PLKI's stated range.
Visa ($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.