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$BF.A 1Q16 Call: Reported sales were further hit by a 1 point reduction in inventory resulting in an approx. 7.5% underlying net sales growth. Our top line growth was driven by strong volume gains & a 2-point improvement in price mix. Our better price mix helped drive an 80BP improvement in gross margins & a 7% increases in underlying gross profit.
Visa ($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.