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$EL 4Q15 Call: Net sales came in at $2.52Bil, which was 7% growth in constant currency. Acquisitions contributed 50BP of the sales growth. Net earnings were $153MM compared to $175.2MM in prior year quarter, reflecting increased store openings, investments in information technology, R&D and product development.
Visa ($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.