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Ryan Merkel of William Blair asks if the sale issue from the supply chain in Sept. 2016 fully behind. CEO Vernon Nagel replied that the sale issue is behind and $AYI thinks that there may be some carryover lingering effect as orders ramp back up, and it is not expecting any of the lingering issues to have a material impact on its 1Q17 results.
Visa ($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.