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Kimberly-Clark Corporation (NYSE: KMB) news hub provides investors and stakeholders with centralized access to official company communications and market-moving developments. Track all essential updates from this global leader in personal care and consumer tissue products, including earnings announcements, product innovations, and strategic initiatives.
This resource aggregates KMB's press releases, regulatory filings, and verified news coverage to streamline your research process. Find timely updates on quarterly financial results, sustainability progress, product launches, and leadership changes, all organized for efficient navigation. Regular updates ensure you stay informed about developments impacting this consumer goods leader's market position.
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Depend® is launching its third annual Stand Strong for Men's Health™ initiative, promoting prostate cancer awareness and research funding, with a donation of up to $350,000 to the Prostate Cancer Foundation (PCF) starting September 1, 2022. For each purchase of select Depend® products, $0.50 will be donated to PCF, which supports early detection and treatment of prostate cancer. The initiative aims to encourage men to take charge of their health, addressing the often-overlooked side effects of treatment like urinary incontinence.
Kimberly-Clark Corporation (NYSE: KMB) will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 7, 2022, at 8:00 a.m. CDT. The event will feature Chairman and CEO Mike Hsu and CFO Nelson Urdaneta. A broadcast link will be accessible through the Investors section on Kimberly-Clark's website. The company, a leader in consumer products, is known for brands like Huggies and Kleenex, serving over 175 countries. With a commitment to sustainable practices, Kimberly-Clark aims for a positive impact on the community and environment.
The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.16 per share, payable on October 4, 2022. Stockholders of record by September 9, 2022 will receive this payment. This marks the 50th consecutive year of dividend increases and the 88th year of dividend payments. Kimberly-Clark, known for its brands like Huggies and Kleenex, operates in over 175 countries, focusing on sustainability and community support.
This August, Huggies and Walgreens are partnering for the sixth consecutive year to address diaper need in the U.S. For every pack of Huggies Diapers purchased, one day's worth of diapers will be donated to the National Diaper Bank Network, with a goal of donating up to 1 million diapers. Diaper need affects one in three families in the U.S., impacting children's health and wellbeing. Since 2011, this collaboration has provided over 300 million diapers to families in need. The initiative emphasizes the importance of access to clean diapers for children's health.
Kimberly-Clark Corporation (NYSE: KMB) appointed Zack Hicks as Chief Digital and Technology Officer, effective July 26, 2022. This new role reflects the company's focus on enhancing digital technology to strengthen brand capability. Hicks brings 26 years of leadership experience from Toyota, where he led significant advancements in digital transformation and technology innovation. His background includes leading the development of in-vehicle multimedia systems and a big data platform. CEO Mike Hsu expressed confidence in Hicks' ability to drive growth through technology.
Kimberly-Clark Corporation (NYSE: KMB) reported a 7% increase in second quarter 2022 net sales, reaching $5.1 billion, driven by 9% organic sales growth. Diluted net income per share rose to $1.29 from $1.19 year-over-year. However, adjusted earnings per share decreased by 9% to $1.34. The company revised its full-year organic sales growth outlook upwards to 5-7%. Operating profits improved to $621 million but were impacted by $405 million in higher input costs. Cash flow from operations increased significantly to $740 million, while total debt stood at $8.7 billion. Key areas of growth included personal care and consumer tissue segments.
Kimberly-Clark Corporation (NYSE: KMB) will announce its second quarter 2022 financial results on July 26, 2022, with a news release at 6:30 a.m. CDT. Following this, prepared remarks from CEO Mike Hsu and CFO Nelson Urdaneta will be available at 7:00 a.m. CDT. A live Q&A session is scheduled for 9:00 a.m. CDT. Interested parties can access these details through the Investors section of the company's website. Kimberly-Clark's trusted brands hold leading market positions in over 80 countries.
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