Welcome to our dedicated page for Kimberly-Clark news (Ticker: KMB), a resource for investors and traders seeking the latest updates and insights on Kimberly-Clark stock.
Kimberly-Clark Corporation manufactures branded personal care, consumer tissue and professional hygiene products sold in more than 175 countries and territories. Its portfolio includes Huggies, Pull-Ups, Goodnites, Kotex, Depend, Poise, Kleenex, Scott, Cottonelle and WypAll, with updates often tied to product launches, brand initiatives, retailer availability and consumer-use innovations.
Recurring company developments include quarterly operating results, volume and pricing trends, productivity actions, investor conference presentations, governance and ethics matters, and supply-chain or logistics events affecting customer service. The company’s disclosures also describe its North American and international market activity and the role of major tissue and hygiene brands in its sales mix.
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On May 10, 2022, Kimberly-Clark Professional announced a new scholarship program to fund training focused on infectious disease awareness for cleaning professionals, in collaboration with ISSA and GBAC. The 30-minute online course aims to educate participants on infectious diseases and hygiene protocols. This initiative targets small and women-owned cleaning businesses, with the first 500 eligible professionals receiving free access. Since its launch in 2021, the program has awarded over 6,335 scholarships globally, emphasizing Kimberly-Clark's commitment to workplace safety and hygiene improvements.
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On May 4, 2022, Kimberly-Clark Corporation (NYSE: KMB) announced that CEO Mike Hsu will participate in a fireside chat at the Goldman Sachs Global Staples Forum on May 17 at 10:00 a.m. CT. A link to the broadcast will be available on the company's website. Kimberly-Clark operates in over 175 countries and is known for brands like Huggies and Kleenex. The company employs sustainable practices to support community welfare and environmental health. For more information, visit kimberly-clark.com.
The Poise® brand has launched its new Ultra Thin Pads with Wings, designed for women experiencing bladder leaks. These pads promise up to 100% fresh protection, allowing women to engage in summer activities without worry. A bounce house tour will promote the product across major cities, addressing concerns that 1 in 3 women face due to bladder leaks, with significant percentages of moms avoiding fun due to leaks. The pads are said to keep women 10x drier than leading period pads, catering specifically to bladder leakage rather than menstrual flows.
The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.16 per share, set to be paid on July 5, 2022, to stockholders of record by June 10, 2022. This marks the 50th consecutive year of dividend increases and the 88th year of dividend payments. Kimberly-Clark, a leader in essential consumer products, operates in over 175 countries with renowned brands like Huggies, Kleenex, and Scott.
On April 22, 2022, Kimberly-Clark Corporation (KMB) announced its Q1 2022 results, reporting net sales of $5.1 billion, up 7% year-over-year due to a 10% organic sales growth. Adjusted earnings per share fell 25% to $1.35. The company expects full-year organic sales growth of 4-6% and adjusted EPS of $5.60-$6.00. Despite strong sales performance, input costs increased by $470 million, impacting profit margins. The acquisition of Thinx Inc. is projected to provide a modest benefit to sales.
Cottonelle, a leader in flushable wipes, has announced enhancements to its products, confirming they break down like toilet paper. This improvement aims to alleviate consumer concerns regarding flushability, as only one-third of Americans trust flushing such wipes. According to a recent survey, consumers value the extra cleanliness of flushable wipes but hesitate to flush them. Cottonelle claims its wipes lose strength four times faster after flushing compared to competitors and are now plumber approved. The brand collaborates with the International Water Services Flushability Group to ensure compliance with industry standards.
Kimberly-Clark Corporation (NYSE: KMB) will announce its first quarter 2022 financial results on April 22. The news release will be available at 6:30 a.m. CDT, followed by prepared remarks from Chairman and CEO Mike Hsu and CFO Maria Henry at 7 a.m. CDT. A live Q&A webcast for analysts is scheduled for 9 a.m. CDT. Stakeholders are encouraged to check Kimberly-Clark’s website for updates on future earnings releases and events.
Kimberly-Clark Corporation (NYSE: KMB) announced the retirement of CFO Maria Henry, effective September 1, 2022. Henry, who joined the company in 2015, has significantly influenced its strategic direction and financial management. Nelson Urdaneta, previously Senior VP at Mondelēz International, will succeed her after the upcoming earnings call on April 22, 2022. Urdaneta brings extensive global finance experience and is expected to enhance the company's growth strategy. Henry will assist during the transition, expressing optimism about Kimberly-Clark's future.