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Chris O'Cull of KeyBanc asks about the G&A guidance change. CEO Todd Penegor said $WEN originally guided to approx. $235MM of G&A. $WEN has to take incentive accruals up greater than 100%. So throughout the year, the company has to fund up for above-plan performance in incentive accruals and also in 1Q16, there were some unusual items.
Visa ($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.