Kimberly-Clark Corp. - KMB STOCK NEWS

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.

Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.16 per share, payable on January 4, 2023, to shareholders on record as of December 9, 2022. This marks the 50th consecutive year of dividend increases and the 88th year of continuous dividends for shareholders. Additionally, the company will hold its annual shareholder meeting on April 20, 2023.

On World Toilet Day, Kimberly-Clark emphasizes its ongoing efforts addressing the global sanitation crisis through its Toilets Change Lives program, which has positively impacted over 7 million users across 15 countries. The company collaborates with partners like WaterAid and Water For People to promote safe sanitation, clean water, and hygiene education. Their initiatives aim to serve 1 billion people by 2030 while minimizing environmental impact. The foundation's work supports community dignity and health, showcasing the company's commitment to social responsibility.