Kimberly-Clark Corp Stock Price, News & Analysis

Kimberly-Clark Corporation (KMB) reported second quarter 2021 results with net sales of $4.7 billion, a 2% increase from the previous year, despite a 3% organic sales decline. Diluted earnings per share (EPS) fell to $1.19 from $1.99. The updated full-year EPS outlook is between $6.65 and $6.90, down from previous estimates. Higher input costs led to a projected organic sales decline of 0% to 2%. The company continues to implement pricing strategies and cost management in response to ongoing inflation and reduced consumer tissue demand.

Kimberly-Clark Corporation (NYSE: KMB) will announce its second quarter 2021 financial results on July 23, with a news release at 6:30 a.m. CDT. Prepared management remarks from Chairman and CEO Mike Hsu and CFO Maria Henry will follow at 7 a.m. CDT. A live Q&A session for analysts is set for 9 a.m. CDT. All materials will be available via the Investors section of Kimberly-Clark's website. The company emphasizes its role in providing essential products across 175 countries.

On July 1, 2021, Kimberly-Clark announced its role as a presenting sponsor of the GENDER MATTERS™ podcast series, alongside the Texas Women's Foundation. The series features interviews with seven female leaders from Texas who have made significant contributions to women's equity and leadership. Kimberly-Clark's commitment aims to uplift women and encourage future generations through shared stories of success. The podcasts are accessible on various platforms and emphasize the importance of mentorship and support for women in leadership roles.

On June 8, 2021, Kimberly-Clark announced upgraded features for its Pull-Ups® training pants, coinciding with National Potty Training Awareness Month. The new product includes exclusive Disney music-themed graphics that fade when wet, aimed at motivating children during potty training. Consumer research highlighted that 60% of parents seek motivational training underwear, while 80% believe the new graphics will ease the process. The Pull-Ups Voice Assistant also offers interactive support via Amazon Alexa and Google Home, enhancing the potty training experience.

Kimberly-Clark has partnered with RWDC Industries to develop sustainable alternatives to fossil fuel-based plastics as part of its 2030 sustainability goal. This collaboration harnesses Kimberly-Clark's expertise in nonwoven technologies and RWDC's innovative biopolymer solution, Solon™, which is marine degradable. The partnership aims to address rising consumer and governmental demands for environmentally-friendly products. New products featuring this technology are expected to launch within the next five years, with an emphasis on addressing global demand for sustainability.

On May 24, 2021, a study by U by Kotex revealed that 40% of respondents faced challenges in purchasing period products, a 35% increase since 2018. This aligns with the launch of Period Poverty Awareness Week. The study highlighted that 23% of Black and 24% of Latina individuals struggled with affordability, with 27% citing COVID-19 as a barrier. U by Kotex has contributed over 41 million products since 2018 and pledged an additional $25,000 this year. The brand also partners with the National Foundation for Women Legislators to boost awareness and aid initiatives.

Kimberly-Clark Corporation (NYSE: KMB) will webcast its participation in the 2021 Bernstein Strategic Decisions Conference on June 3 at 10:00 a.m. CDT. CEO Mike Hsu will address strategies for enhancing shareholder value and respond to attendees' questions. Investors can access the webcast through the Investors section of the Kimberly-Clark website. The company is recognized globally for its trusted brands like Huggies, Kleenex, and Scott, operating in over 175 countries and maintaining a strong commitment to sustainability.