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$PVH 1Q15 10-Q: Total revenues were $1,871.5MM vs. $1,963.7MM in 1Q14. Net sales were $1,785.1MM vs. $1,871.5MM in 1Q14. Cost of goods sold were $893.7MM vs. $930.5MM in 1Q14. Gross profit was $985.6MM vs. $1,033.2MM in 1Q14. Net income was $114.1MM vs. $35.3MM in 1Q14. Diluted earnings per share were $1.37 vs. $0.42 in 1Q14.
Visa ($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.