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.
Kimberly-Clark Corporation (NYSE: KMB) will announce its second quarter 2022 financial results on July 26, 2022, with a news release at 6:30 a.m. CDT. Following this, prepared remarks from CEO Mike Hsu and CFO Nelson Urdaneta will be available at 7:00 a.m. CDT. A live Q&A session is scheduled for 9:00 a.m. CDT. Interested parties can access these details through the Investors section of the company's website. Kimberly-Clark's trusted brands hold leading market positions in over 80 countries.
On June 22, 2022, Kimberly-Clark Professional, a leader in contamination control solutions, announced an expansion of The RightCycle Program. This initiative now includes recycling of flex-film plastic packaging from its Kimtech and KleenGuard products. Since its inception in 2011, the program has helped over 900 customers divert 3.7 million pounds of waste. The program, which is now available in nine countries, aims to address the low recycling rates of plastic waste and aligns with Kimberly-Clark's commitment to sustainability and its 2030 ambition to improve lives with minimal environmental impact.
On June 7, 2022, Kimberly-Clark Professional announced its partnership with GOJO Industries to showcase the Onvation® smart restroom technology at the Realcomm 2022 expo. This innovative solution optimizes restroom servicing, addressing labor shortages and hygiene concerns as employees return to offices post-pandemic. Onvation leverages IoT to enhance operational efficiency, reducing service time by 90% and visitor complaints by 75%. Attendees will interact with the technology, enhancing facility management and supporting sustainability goals.
Huggies is donating up to $60,000 to the nonprofit Hand to Hold as part of its 2022 Project Hug™ campaign. From May 22 to June 18, 2022, for every box of Huggies diapers purchased, $2 will be donated to support NICU families. Huggies aims to assist parents facing challenges in the NICU, where one in seven U.S. babies is admitted. This partnership enhances emotional and mental health support for NICU parents through educational resources and community engagement.
Kimberly-Clark has been named one of the 100 Best Corporate Citizens by 3BL Media, marking the 13th consecutive year in the ranking. This recognition highlights the company's commitment to environmental, social, and governance (ESG) transparency. The ranking evaluates 155 ESG factors across eight pillars, including climate change and employee relations. Additionally, Kimberly-Clark celebrated its 150th anniversary, underscoring its long-standing tradition of innovation and care. The company has also received accolades for its ethical practices and sustainability efforts, including a perfect score on the Corporate Equality Index.
On May 10, 2022, Kimberly-Clark Professional announced a new scholarship program to fund training focused on infectious disease awareness for cleaning professionals, in collaboration with ISSA and GBAC. The 30-minute online course aims to educate participants on infectious diseases and hygiene protocols. This initiative targets small and women-owned cleaning businesses, with the first 500 eligible professionals receiving free access. Since its launch in 2021, the program has awarded over 6,335 scholarships globally, emphasizing Kimberly-Clark's commitment to workplace safety and hygiene improvements.
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