Kimberly-Clark Corp Stock Price, News & Analysis

Kimberly-Clark is responding to the devastating earthquakes in Turkey and Syria by donating essential health and hygiene products, including Kotex, Huggies, and Kleenex. The company is coordinating swift deliveries of 2 million Huggies diapers and 100,000 packs of Kleenex wipes from its global manufacturing facilities, having already sent 1 million Kotex menstrual pads via local charities. An employee giving program has been established, with the Kimberly-Clark Foundation matching donations. These initiatives highlight the company's commitment to providing better care for communities in need.

Robert Long, the R&D officer at Kimberly-Clark, shares insights on leveraging personal experiences for leadership success. Growing up in a single-parent household in Washington, D.C., Long emphasizes the importance of hard work and inclusion. His journey took him from exclusive boarding schools to Princeton University and prestigious roles at Procter & Gamble and Coca-Cola. Joining Kimberly-Clark in pursuit of sustainable products, he aims to inspire others while advocating for diversity. Long's commitment to employee resource groups reflects his belief in the value of recognition and support in the workplace.

Kimberly-Clark Corporation (NYSE: KMB) reported its year-end 2022 results, showing fourth-quarter net sales of $5.0 billion, unchanged from last year, with a 5% organic sales growth. Full-year 2022 sales rose 4% to $20.2 billion, while diluted net income per share was $5.72, a 7% increase year-over-year. The company anticipates a slight sales increase of 0-2% for 2023, with diluted earnings per share expected to rise 2-6%. A 1.7% dividend increase was also approved, marking the 51st consecutive annual rise. CEO Mike Hsu noted strong execution amid inflationary pressures and emphasized ongoing investments in their brands.

Kimberly-Clark Corporation (NYSE: KMB) will announce its fourth quarter and full year 2022 results on January 25 at 6:30 a.m. CST. Following the announcement, Chairman and CEO Mike Hsu and CFO Nelson Urdaneta will conduct a live webcast at 9 a.m. CST. Interested stakeholders can access the webcast link and related materials via the Investors section of Kimberly-Clark's website. The company emphasizes its commitment to sustainability and its leading brands, which are integral to consumer life in over 175 countries.

Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.16 per share, payable on January 4, 2023, to shareholders on record as of December 9, 2022. This marks the 50th consecutive year of dividend increases and the 88th year of continuous dividends for shareholders. Additionally, the company will hold its annual shareholder meeting on April 20, 2023.

On World Toilet Day, Kimberly-Clark emphasizes its ongoing efforts addressing the global sanitation crisis through its Toilets Change Lives program, which has positively impacted over 7 million users across 15 countries. The company collaborates with partners like WaterAid and Water For People to promote safe sanitation, clean water, and hygiene education. Their initiatives aim to serve 1 billion people by 2030 while minimizing environmental impact. The foundation's work supports community dignity and health, showcasing the company's commitment to social responsibility.

Kimberly-Clark Corporation (KMB) reported third quarter 2022 net sales of $5.1 billion, a 1% increase year-over-year, driven by a 5% organic sales growth. Diluted earnings per share dipped to $1.38 compared to $1.39 in 2021. Adjusted earnings per share were $1.40, down 14%. Input costs rose by $360 million, impacting margins. Operating profit was $655 million. The company expects 2022 diluted net income per share at $5.67 to $6.10 and aims for organic sales growth of 5% to 7% amidst challenging market conditions.