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$DPS said that its core four brands were flat in 3Q15, as an 8% increase in Canada Dry was offset by mid-single-digit declines at 7 UP and Sunkist soda, and a low-single-digit decline in A&W. Crush was flat in the quarter and Schweppes grew 11% on growth of sparkling waters and ginger ale. Squirt increased 5% and Penafiel grew 14%.
Visa ($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.