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 January 13, 2022, Kimberly-Clark Corporation (NYSE: KMB) announced the schedule for its fourth quarter and full year 2021 financial results. The results will be released on January 26, 2022, at approximately 6:30 a.m. CST. This will be followed by management remarks from Chairman and CEO Mike Hsu, and CFO Maria Henry at 7 a.m. CST. A live Q&A webcast for analysts is set for 9 a.m. CST. The event will be accessible via the Investors section of Kimberly-Clark's website.
Kimberly-Clark Corporation (NYSE: KMB) has named Ehab Abou-Oaf as the new President of Kimberly-Clark Professional, effective January 1, 2022. Abou-Oaf, who previously served as Managing Director for the Middle East and Africa, will oversee global business-to-business operations and report to CEO Mike Hsu. His leadership has significantly strengthened Kimberly-Clark's market presence in developing regions, including Nigeria and South Africa. With extensive experience in senior management roles at Mars, Inc. and Procter & Gamble, Abou-Oaf is set to drive growth in the K-C Professional business.
Kimberly-Clark's Poise® Brand announced a charitable initiative, donating two boxes of One by Poise® for every comment during its new Tell-A-Thon series, aiming to support women in need with up to $1 Million in products. This initiative addresses the stigma surrounding postpartum bladder leaks as a survey revealed that 89% of women feel that postpartum issues are insufficiently discussed. The Tell-A-Thons encourage women to share their experiences on motherhood and bladder leakage.
The board of Kimberly-Clark has declared a quarterly dividend of $1.14 per share, payable on January 4, 2022, to shareholders of record on December 10, 2021. This marks the 49th consecutive year of dividend increases and the 87th year of continuous dividend payments. Additionally, the company announced its next annual shareholder meeting will be held on April 27, 2022. Kimberly-Clark's strong portfolio includes brands like Huggies and Kleenex, essential products in over 175 countries.
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On November 16, 2021, Kimberly-Clark announced its ongoing commitment to improving global sanitation through its "Toilets Change Lives" program. This initiative has positively impacted over 7 million individuals in 15 countries by providing access to clean water and sanitation solutions. The company aims to enhance the lives of 1 billion people by 2030, focusing on underprivileged communities. Collaborating with organizations like Plan International and WaterAid, Kimberly-Clark addresses critical sanitation needs, particularly in Latin America and Asia.
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Kimberly-Clark Corporation (KMB) reported Q3 2021 net sales of $5.0 billion, a 7% increase year-over-year, with organic sales up 4%. Adjusted earnings per share fell to $1.62 from $1.72 in 2020. The firm lowered its full-year guidance, now expecting adjusted EPS of $6.05 to $6.25 and an organic sales decline of 1 to 2%, impacted by rising input costs. Operating profit decreased to $657 million, affected by $480 million in higher input costs. The company is implementing price increases and cost management to counter inflation and supply chain issues.