KMB - Mergers and acquisitions

Achieved net sales of $20.4 billion with better-than-anticipated organic sales growth and stronger cost, margin and earnings recovery in 2023 Company initiates financial outlook for 2024 reflecting continued momentum DALLAS, Jan. 24, 2024 /PRNewswire/ --Kimberly-Clark Corporation (NYSE:KMB) today reported fourth quarter and full-year 2023 results and provided its 2024 outlook. Comparisons are made versus the prior year period, unless otherwise noted. "We had a solid finish to 2023, delivering strong organic growth as well as cost and earnings recovery above our initial expectations," said Kimberly-Clark Chairman and CEO Mike Hsu. "Our fourth quarter results demonstrate topline momentum with

Net sales up 1 percent, organic sales grew 5 percentRevenue Growth Management program and productivity drove continued margin recoveryCompany raises 2023 outlook DALLAS, July 25, 2023 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported second quarter 2023 results. Comparisons are made versus the prior year period, unless otherwise noted. "We delivered another quarter of strong organic sales growth and gross margin expansion," said Chairman and CEO Mike Hsu. "Our growth strategy is working, and given the strength of our first-half results, we're raising our full-year outlook." Hsu added, "Continued improvement in gross margin positions us well to invest in superior brand valu

Net sales growth up 2 percent, organic growth up 5 percent Revenue Growth Management program drives significant margin improvements Company raises 2023 outlook for EPS growth DALLAS, April 25, 2023 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported first quarter 2023 results. Comparisons are made versus the prior year period, unless otherwise noted. "I'm proud of our teams around the world for a strong start to the year. We grew organic sales by 5 percent, which reflects the health of our categories and the essential nature of our products," said Chairman and CEO Mike Hsu. "Our growth strategy continues to deliver behind strong execution of our commercial programs. Revenue

DALLAS, Oct. 25, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported third quarter 2022 results. Executive Summary Third quarter 2022 net sales of $5.1 billion increased 1 percent compared to the year-ago period, including organic sales growth of 5 percent.Diluted net income per share for the third quarter was $1.38 in 2022 and $1.39 in 2021.Third quarter adjusted earnings per share were $1.40 in 2022, down 14 percent compared to $1.62 in 2021. Adjusted earnings per share exclude certain items described later in this news release.Diluted net income per share for 2022 is expected to be $5.67 to $6.10.The company continues to target full-year 2022 organic sales growth of

DALLAS, July 26, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported second quarter 2022 results. Executive Summary Second quarter 2022 net sales of $5.1 billion increased 7 percent compared to the year-ago period, including organic sales growth of 9 percent.Diluted net income per share for the second quarter was $1.29 in 2022 and $1.19 in 2021.Second quarter adjusted earnings per share were $1.34 in 2022, down 9 percent compared to $1.47 in 2021. Adjusted earnings per share exclude certain items described later in this news release.Diluted net income per share for 2022 is expected to be $5.67 to $6.10.The company is now targeting full-year 2022 organic sales growth of

DALLAS, April 22, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported first quarter 2022 results. Executive Summary First quarter 2022 net sales of $5.1 billion increased 7 percent compared to the year-ago period, including organic sales growth of 10 percent.Diluted net income per share for the first quarter was $1.55 in 2022 and $1.72 in 2021.First quarter adjusted earnings per share were $1.35 in 2022, down 25 percent compared to $1.80 in 2021. Adjusted earnings per share exclude certain items described later in this news release.The company is now targeting full-year 2022 organic sales growth of 4 to 6 percent, compared to our prior outlook of 3 to 4 percent.The comp

DALLAS, Feb. 24, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB), the pioneer of menstrual hygiene products, announced that it has completed its acquisition of a majority stake in Thinx, Inc., an industry disruptor and the leader in reusable period and incontinence underwear category. The company made an initial minority investment in Thinx in 2019. "Our investment in the success of Thinx represents a compelling strategic fit as we build our portfolio of period and light bladder leakage solutions, and we are excited for the opportunity this expanded partnership will provide to both Kimberly-Clark and Thinx," said Russ Torres, Group President of Kimberly-Clark's North American cons