Kimberly-Clark Corp. - KMB STOCK NEWS

Kimberly-Clark (NYSE: KMB) announced that Chief Financial Officer Nelson Urdaneta will present at the Morgan Stanley Global Consumer & Retail Conference. The presentation is scheduled for Tuesday, December 3, at 1:30 pm ET. Interested parties can access the webcast through the Investors section of Kimberly-Clark's website.

Kimberly-Clark (NYSE: KMB) has declared a quarterly dividend of $1.22 per share, payable on January 3, 2025, to stockholders of record as of December 6, 2024. This marks the company's 90th consecutive year of dividend payments and 52nd consecutive year of dividend increases. The company also announced its annual shareholder meeting will be held on May 1, 2025. Kimberly-Clark maintains leading market positions with its portfolio of consumer brands, holding No. 1 or No. 2 share positions in approximately 70 countries.

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.