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$VSTO said in 1Q17, its Shooting Sports segment recorded sales of $343MM, up 3% from 1Q16. The increase was driven by strong market demand. Gross profit for the segment was $91MM. In Outdoor Products, sales were $287MM, up 57% from 1Q16. Gross profit for this segment was $82MM.
Visa ($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.