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.
Kimberly-Clark (NYSE: KMB) announced the election of Joseph Romanelli to its board of directors, expanding the board from 12 to 13 members. Romanelli currently serves as president of Human Health International for Merck & Co. (MSD), where he oversees 75-plus markets outside the U.S. and leads a team of 14,000 colleagues. Prior to his current role at MSD, which began in 2022, he was CEO of JiXing Pharmaceuticals and held various strategic and operational positions at MSD and Schering-Plough over 25 years.
Lauren Brazel of Tinley Park High School near Chicago has been named the 2024 Grand Prize winner of the Heroes of the Classroom program, presented by Kleenex®. The program, celebrating Kleenex's 100-year anniversary, recognizes K-12 teachers for their dedication and resilience. Ms. Brazel, a special education teacher with 19 years of experience, was selected from 10 finalists across multiple states.
As the winner, Ms. Brazel receives $5,000, while her school gets an additional $5,000 and a year's supply of Kleenex tissues. She was nominated by principal Dr. Theresa Nolan for her commitment to ensuring every student feels seen and heard, and for building lasting relationships with students and families.
U by Kotex® has launched MaxiMalism Jeans, a -edition denim line featuring transparent back pockets designed to display period products rather than hide them. This initiative aims to combat period stigma, addressing research showing that 83% of girls feel they should hide their period products. The jeans will be released in small batches, with additional releases scheduled for October 24 and 27, 2024. The campaign is supported by statistics showing that 76% of students associate periods negatively, while 85% believe periods should be recognized as a health indicator rather than something shameful.
Kimberly-Clark (NYSE: KMB) reported third quarter 2024 results with net sales of $5.0 billion, down 4% from the prior year, but with organic sales growth of 1%. The company's adjusted earnings per share increased by 5% to $1.83. KMB reaffirmed its 2024 profit outlook, expecting adjusted operating profit and adjusted earnings per share to grow at a mid-to-high teens percentage rate on a constant-currency basis. The company updated its organic net sales growth expectation to 3%-4% for 2024. Key highlights include:
- Reported gross margin of 36.0% and adjusted gross margin of 36.7%, up 90 basis points
- Strong execution across business segments, with market share gains in Baby and Child Care
- Effective cost management and productivity gains offsetting inflationary pressures
- Year-to-date cash provided by operations of $2.4 billion
Huggies is promoting safe sleep practices during Safe Sleep Awareness Month in October. The brand is giving away baby bodysuits with reminders to place babies on their backs for sleep, as recommended by experts to reduce the risk of Sudden Infant Death Syndrome (SIDS). The bodysuits feature "This Side Up" on the front and "Turn Me Over" on the back.
Caregivers can claim a free bodysuit at HuggiesWeGotYouBaby.com while supplies last. Huggies is also distributing bodysuits to newborns at select hospital partners during October. The initiative aims to educate caregivers on safe sleep practices, as SIDS is the leading cause of death in babies aged 1-12 months in the United States, with about 2,500 infant deaths annually due to SIDS.
For more information on safe sleep practices and SIDS risk reduction, visit the National Institutes of Health website or Huggies.com.
Kimberly-Clark (NYSE: KMB) has announced that it will release its third quarter 2024 financial results on Tuesday, October 22, 2024. The company will issue a press release and supplemental materials at approximately 6:35 a.m. EDT. Following this, Kimberly-Clark management will host a live Q&A session with analysts starting at 8:00 a.m. EDT.
Investors and interested parties can access the earnings release, supplemental materials, and the Q&A session through the Kimberly-Clark Investor Relations website. A replay of the webcast will also be available on the same website after the event concludes.
Kleenex® has announced ten First Prize winners in its Heroes of the Classroom program, celebrating 100 years of the brand. The program recognizes K-12 teachers for their dedication and resilience. Winners from nine states each receive a $1,000 Costco Shop gift card and a $1,000 check for their schools. These teachers are now eligible for the Grand Prize, worth approximately $11,000 in cash and prizes.
The public can vote for the Grand Prize winner until October 11 at HeroesoftheClassroom.com/vote. The Grand Prize includes a $5,000 check for the winner, $5,000 for their school, and a year's supply of Kleenex. Winners were nominated for various achievements, including improving student proficiency and building community. The program is in partnership with Campus Multimedia, a school communication and marketing company.
Depend® brand has launched its fifth annual Stand Strong for Men's Health™ campaign, partnering with football legend Emmitt Smith to raise awareness for prostate cancer. The initiative aims to demystify taboos surrounding prostate cancer screenings and side effects, encouraging men to prioritize their health. Depend® has donated over $1 million to the Prostate Cancer Foundation (PCF) in the past five years and plans to donate up to $300,000 from select product sales between September and November 2024.
The campaign highlights the importance of early detection, as prostate cancer has a 99.9% survival rate if caught early. It also promotes new screening methods, such as the PSA blood test, and advances in treatment like the PSMA-PET scan technology. Emmitt Smith, whose father was diagnosed with prostate cancer, is using his platform to normalize conversations around men's health and motivate more men to get checked.
Huggies® and Walgreens® are partnering for the eighth consecutive year to address diaper need in the United States. Through September 30, 2024, for every pack of Huggies® Diapers purchased at Walgreens stores or online, Huggies® will donate a day's worth of diapers to the National Diaper Bank Network, up to one million diapers.
This initiative aims to support the one in two families in the U.S. who struggle to provide enough diapers for their children. Since 2011, Huggies® and the National Diaper Bank Network have donated over 200 million diapers through Project Hug. The campaign not only provides essential supplies but also raises awareness about diaper need, encouraging public participation in supporting families in need.
Kimberly-Clark (NYSE: KMB) announces its participation in the Barclays 17th Annual Global Consumer Staples Conference on September 4, 2024. Mike Hsu, Chairman and CEO, and Nelson Urdaneta, Chief Financial Officer, will be featured speakers at the event. Their presentation is scheduled for 7:30 am ET.
Investors and interested parties can access the live webcast of the presentation through the Investors section of Kimberly-Clark's official website. This event provides an opportunity for the company to share insights and updates with the investment community, potentially discussing strategies, market trends, and financial performance.