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$TXRH CEO Kent Taylor said that positive guest counts mainly drove the rise in comparable restaurant sales, while lower commodity costs continued to make margin expansion possible. Development-wise, the company is on track to open approx. 30 company restaurants this year and it continues to fill its new restaurant pipeline for next year and beyond.
Visa ($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.