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American personal care product manufacturer $KMB said organic sales rose more than 2% in 1Q16, marginally below the 3-5% full year target. The company's margins were up in all three business segments. The FORCE cost savings for the quarter were $95MM. In personal care, the company said organic sales rose more than 4%,
Visa ($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.