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 (NYSE: KMB) is a global leader in home and personal care solutions, renowned for its portfolio of trusted brands including Kleenex, Huggies, Scott, Kotex, and Cottonelle. Founded over 144 years ago, the company has consistently pioneered innovation, addressing the essential needs of consumers in over 175 countries.
Headquartered in Dallas, Texas, Kimberly-Clark's operations span personal care and consumer tissue products. The company also operates K-C Professional, offering workplace safety and sanitary solutions. With a robust business model, Kimberly-Clark generates more than half of its sales in North America and over 10% in Europe, with substantial contributions from Asia and Latin America.
The company's major brands such as Huggies, Kleenex, and Scott hold leading market positions globally. Kimberly-Clark is committed to sustainability and innovation, striving to reduce its environmental footprint while delivering high-quality products.
In recent news, Kimberly-Clark announced its fourth-quarter and full-year 2023 results, showcasing strong organic growth and recovery in cost and earnings. The company reported a 3% increase in organic sales, driven by price and product mix improvements. North American sales grew by 3%, with personal care and consumer tissue segments leading the charge.
The company also announced a new pilot program in collaboration with Bright Horizons, focusing on converting used diapers and wipes into energy. This initiative aims to divert thousands of pounds of waste from landfills, contributing to a more sustainable environment.
Looking forward, Kimberly-Clark has outlined its strategic priorities for 2024, emphasizing brand differentiation, supply chain stabilization, and disciplined cost management. The company's long-term growth strategy includes a commitment to becoming 100% Natural Forest-Free by 2030, enhancing sustainability across its product portfolio.
Kimberly-Clark remains a vital part of daily life for millions worldwide, continuing to build a legacy of care, innovation, and sustainability.
The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.18 per share, payable on July 5, 2023, to stockholders on record as of June 9, 2023. This marks the 51st consecutive year of increased dividends and the 89th consecutive year of dividend payments to shareholders. Kimberly-Clark continues to demonstrate financial stability and commitment to its investors.
With trusted brands such as Huggies and Kleenex, Kimberly-Clark operates in over 175 countries, holding significant market shares. The company has been recognized as one of the world's most ethical companies by Ethisphere for five consecutive years, underscoring its dedication to sustainable practices. For more details, visit Kimberly-Clark.com.
On April 18, 2023, Kimberly-Clark Professional announced its sponsorship of the My Green Lab Ambassador Program, aimed at promoting sustainability in laboratories. This initiative aligns with Kimberly-Clark's 2030 ambition to enhance the lives of 1 billion people while minimizing environmental impacts. The program offers free resources and networking opportunities for scientists and lab professionals committed to sustainability. Additionally, Kimberly-Clark's RightCycle Program, launched in 2011, has successfully recycled over 2,000 metric tons of personal protective equipment (PPE) waste across 11 countries. This expansion focuses on reducing waste and promoting sustainable practices in various sectors, including pharmaceuticals and manufacturing.
Kimberly-Clark Corporation (NYSE: KMB) is set to release its first quarter 2023 financial results on April 25, 2023, at approximately 7:30 a.m. CDT. Following the announcement, Chairman and CEO Mike Hsu, along with CFO Nelson Urdaneta, will participate in a live webcast covering the results.
The webcast will be accessible via the Investors section of Kimberly-Clark's website, where the company will also continue to post future quarterly earnings release dates and related webcasts. Kimberly-Clark is committed to sustainability and innovation, with a diverse portfolio of brands including Huggies and Kleenex.
On April 11, 2023, Kimberly-Clark Professional announced the expansion of The RightCycle Programme to the Netherlands and Switzerland, making it available in 11 countries across Europe and North America. This program, which began in the U.S., focuses on recycling non-hazardous PPE waste, helping customers divert over 2,000 metric tons of waste since its inception. The initiative aligns with the company's commitment to reduce environmental impact and foster a circular economy. It also supports Kimberly-Clark's 2030 ambition to improve lives while minimizing environmental footprints. The RightCycle Programme now includes additional categories for recycling, enhancing Kimberly-Clark's sustainability efforts.
Kimberly-Clark executive Lori Shaffer spoke at Purdue University, emphasizing the importance of embracing opportunities that challenge personal growth. During her keynote address to the Women in Engineering Mentees & Mentors Program, she encouraged students to maintain an agile mindset and seek challenges. Shaffer highlighted her career at Kimberly-Clark and shared insights into adaptability as a crucial skill in today’s dynamic environment. Kimberly-Clark, a leader in consumer goods, reaches people in over 175 countries and holds a strong market position with brands like Huggies and Kleenex. The company is committed to sustainability and continuous innovation, as detailed on their website.
Kimberly-Clark announced that three green hydrogen projects it is developing have been shortlisted by the UK Government for the Hydrogen Business Model Strategy. This initiative aims to support 250MW of electrolytic hydrogen projects to kickstart the UK's low carbon hydrogen economy. Kimberly-Clark expects a 61% reduction in natural gas consumption in the UK by the end of 2025 as these projects come online. The projects will supply a total of 50MW of green hydrogen to its UK manufacturing facilities. Additionally, a new wind farm in Scotland, operational from April 2023, will provide around 160,000 MWh of renewable energy annually, further reducing greenhouse gas emissions by 86% by 2025 compared to 2015 levels. Contracts for the hydrogen projects are expected later this year, with operations beginning in 2025.
Goodnites, the leading bedwetting underwear brand, has partnered with the Autism Society of America to provide solutions for families of children with Autism facing bedwetting challenges. In April 2023, to commemorate Autism Acceptance Month, Goodnites pledged $150,000 to support educational initiatives and community resources throughout the year. The partnership aims to reduce stigma surrounding bedwetting, particularly for children with Autism and ADHD. New proprietary research highlights the emotional toll bedwetting takes on families, revealing that 60% of parents feel increased anxiety. Goodnites will launch a resource hub offering educational access tailored to these communities, alongside advocacy and community events. This ongoing collaboration reaffirms Goodnites' commitment to addressing the needs of underserved families, ensuring children can enjoy restful nights and improved self-esteem.
Goodnites, the leading bedwetting underwear brand, announced a partnership with the Autism Society of America to support families of children with Autism and/or ADHD facing bedwetting issues. A recent survey revealed that 60% of parents reported increased anxiety due to their children's bedwetting. In honor of Autism Acceptance Month, Goodnites will donate $150,000 to the Autism Society in 2023. The partnership aims to provide education and resources, including a dedicated resource hub for families. Goodnites aims to combat stigma and empower families through awareness and support.
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