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.
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.
On March 14, 2023, Kimberly-Clark was recognized by Ethisphere as one of the 2023 World's Most Ethical Companies, marking the fifth consecutive year of this honor. The award underscores the company's commitment to integrity through top-tier ethics, compliance, and governance practices. Kimberly-Clark stands out as one of only four honorees in the Consumer Products sector, among 135 companies from 19 countries across 46 industries. Ethisphere’s assessment, based on the Ethics Quotient, evaluates over 200 criteria related to company culture and ethical practices, emphasizing the positive correlation between ethical conduct and long-term performance.
NORTHAMPTON, MA / ACCESSWIRE / March 7, 2023 / Kimberly-Clark Corporation executives Alison Lewis and Lori Shaffer discussed the need for workplace equity in honor of International Women's Day. They emphasized the importance of diversity in teams, authentic communication, and the role of employee resource groups in fostering mentorship and leadership development. They highlighted the pandemic's impact on women, expressing hope for positive cultural shifts, such as flexible work environments that support both career and family responsibilities. Both leaders drew inspiration from their families' resilience and achievements, reinforcing the significance of women's empowerment in today's society.
Kimberly-Clark's leaders Alison Lewis and Lori Shaffer emphasize the need for equity in honor of International Women's Day. They discuss how organizations can support women while highlighting the differences between equity and equality. The company is committed to improving the lives of women and girls through initiatives such as the Kotex® She Can Initiative, which combats period stigma and promotes menstrual hygiene education. In 2022, they reached 1.8 million individuals across eight countries. Additionally, Kimberly-Clark is launching a digital game, Period Planet, to educate about menstrual health, targeting teens and aiming for broader future launches.
Kimberly-Clark is responding to the devastating earthquakes in Turkey and Syria by donating essential health and hygiene products, including Kotex, Huggies, and Kleenex. The company is coordinating swift deliveries of 2 million Huggies diapers and 100,000 packs of Kleenex wipes from its global manufacturing facilities, having already sent 1 million Kotex menstrual pads via local charities. An employee giving program has been established, with the Kimberly-Clark Foundation matching donations. These initiatives highlight the company's commitment to providing better care for communities in need.
Robert Long, the R&D officer at Kimberly-Clark, shares insights on leveraging personal experiences for leadership success. Growing up in a single-parent household in Washington, D.C., Long emphasizes the importance of hard work and inclusion. His journey took him from exclusive boarding schools to Princeton University and prestigious roles at Procter & Gamble and Coca-Cola. Joining Kimberly-Clark in pursuit of sustainable products, he aims to inspire others while advocating for diversity. Long's commitment to employee resource groups reflects his belief in the value of recognition and support in the workplace.
Kimberly-Clark Corporation (NYSE: KMB) reported its year-end 2022 results, showing fourth-quarter net sales of $5.0 billion, unchanged from last year, with a 5% organic sales growth. Full-year 2022 sales rose 4% to $20.2 billion, while diluted net income per share was $5.72, a 7% increase year-over-year. The company anticipates a slight sales increase of 0-2% for 2023, with diluted earnings per share expected to rise 2-6%. A 1.7% dividend increase was also approved, marking the 51st consecutive annual rise. CEO Mike Hsu noted strong execution amid inflationary pressures and emphasized ongoing investments in their brands.
Kimberly-Clark Corporation (NYSE: KMB) will announce its fourth quarter and full year 2022 results on January 25 at 6:30 a.m. CST. Following the announcement, Chairman and CEO Mike Hsu and CFO Nelson Urdaneta will conduct a live webcast at 9 a.m. CST. Interested stakeholders can access the webcast link and related materials via the Investors section of Kimberly-Clark's website. The company emphasizes its commitment to sustainability and its leading brands, which are integral to consumer life in over 175 countries.
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