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$LB General Update: LB Reports June 2015 Sales: For five weeks ended July 4, 2015, net sales increased 3% to $1.207Bil vs. $1.176Bil in 2014 and comp store sales increased 3%. For 22 weeks ended July 4, 2015, net sales increased 4% to $4.518Bil vs. $4.331Bil in 2014 and comp store sales increased 4%.
Visa ($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.