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.
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.
On May 4, 2022, Kimberly-Clark Corporation (NYSE: KMB) announced that CEO Mike Hsu will participate in a fireside chat at the Goldman Sachs Global Staples Forum on May 17 at 10:00 a.m. CT. A link to the broadcast will be available on the company's website. Kimberly-Clark operates in over 175 countries and is known for brands like Huggies and Kleenex. The company employs sustainable practices to support community welfare and environmental health. For more information, visit kimberly-clark.com.
The Poise® brand has launched its new Ultra Thin Pads with Wings, designed for women experiencing bladder leaks. These pads promise up to 100% fresh protection, allowing women to engage in summer activities without worry. A bounce house tour will promote the product across major cities, addressing concerns that 1 in 3 women face due to bladder leaks, with significant percentages of moms avoiding fun due to leaks. The pads are said to keep women 10x drier than leading period pads, catering specifically to bladder leakage rather than menstrual flows.
The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.16 per share, set to be paid on July 5, 2022, to stockholders of record by June 10, 2022. This marks the 50th consecutive year of dividend increases and the 88th year of dividend payments. Kimberly-Clark, a leader in essential consumer products, operates in over 175 countries with renowned brands like Huggies, Kleenex, and Scott.
On April 22, 2022, Kimberly-Clark Corporation (KMB) announced its Q1 2022 results, reporting net sales of $5.1 billion, up 7% year-over-year due to a 10% organic sales growth. Adjusted earnings per share fell 25% to $1.35. The company expects full-year organic sales growth of 4-6% and adjusted EPS of $5.60-$6.00. Despite strong sales performance, input costs increased by $470 million, impacting profit margins. The acquisition of Thinx Inc. is projected to provide a modest benefit to sales.
FAQ
What is the current stock price of Kimberly-Clark (KMB)?
What is the market cap of Kimberly-Clark (KMB)?
What does Kimberly-Clark Corporation do?
What are some of Kimberly-Clark's most popular brands?
Where does Kimberly-Clark generate most of its sales?
What recent initiatives has Kimberly-Clark announced?
What is Kimberly-Clark's commitment to sustainability?
How did Kimberly-Clark perform financially in 2023?
When is Kimberly-Clark's next earnings release?
What are Kimberly-Clark's strategic priorities for 2024?
What is the significance of Kimberly-Clark's new operating model?
How does Kimberly-Clark contribute to community welfare?
