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In 2Q16, $HAS' US and Canada segment revenue grew 11% versus 2Q15. International revenue grew 11%, driven by growth in Europe and Emerging Markets. Entertainment and Licensing revenue grew 9% driven by growth in Consumer Products and Digital Gaming. Boys, Games, Girls and Preschool product categories revenue grew in the quarter.
Visa ($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.