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's Huggies brand will debut a new commercial during the big game on February 7, featuring newborns born that day. This unprecedented campaign aims to celebrate babies and convey a brand refresh. Huggies plans to donate 10,000 diapers to local diaper banks and 10 million diapers to the National Diaper Bank Network throughout 2021. The commercial, created with Droga5, will complement a global marketing campaign across various media platforms. As a part of the launch, 25,000 'Welcome to the World' starter kits will be given away to new parents.
Kimberly-Clark Corporation (KMB) reported fourth quarter 2020 net sales of $4.8 billion, up 6% year-over-year, with full-year sales of $19.1 billion, a 4% increase. Diluted EPS for Q4 was $1.58, and full-year EPS rose to $6.87, a 10% increase. The company anticipates 2021 sales growth of 4-6% and adjusted EPS of $7.75 to $8.00. The Board approved a 6.5% dividend increase, marking the 49th consecutive annual raise. Additionally, a $5 billion share repurchase program was authorized. Despite challenges, KMB remains optimistic about long-term growth and shareholder value.
Kimberly-Clark Corporation (NYSE: KMB) will webcast its fourth quarter and full year 2020 earnings results at 9 a.m. CDT on January 25, 2021. The session will include insights from Chairman and CEO Mike Hsu and Senior VP and CFO Maria Henry. A news release with detailed earnings information will be issued earlier that day via PR Newswire. Investors can find the webcast link and presentation materials on Kimberly-Clark's website.
On December 17, 2020, Cottonelle announced the launch of the Refreshingly Clean Slate program, inviting participants to share their hopes for 2021 while letting go of 2020's burdens. Each valid submission gives Cottonelle the opportunity to donate $20.21 to United Way, aiming for a total of $1 million. Additionally, 20 winners will each receive $21,000. This initiative aligns with Cottonelle's ongoing support for United Way, promoting community wellness and engagement.
Scary Mommy, the leading media brand for U.S. moms, has launched a new comedy series, Up Early Tonight, in partnership with Huggies. This late-night talk show, hosted by comedian Abbi Crutchfield, offers relatable humor to moms as they navigate challenges during 2020. Set to stream on Hulu starting December 17, the series includes four 20-minute episodes featuring various guest comedians. The initiative aims to provide entertainment and support for moms facing unique pressures during the pandemic, showcasing the strong collaboration between Scary Mommy and Huggies.
The Kleenex brand has partnered with Dr. Contessa Metcalfe to address consumer concerns about the upcoming cold and flu season. A recent survey revealed that 87% of Americans plan to prepare for the season, with 80% intending to buy preventive items like facial tissues and hand sanitizers. Dr. Metcalfe emphasizes hygiene and using Kleenex tissues to reduce the spread of viruses. Kleenex also offers Soothing Lotion tissues to alleviate dry skin due to frequent use. This initiative aims to promote health awareness as cold and flu season approaches.
Kimberly-Clark Corporation (NYSE: KMB) has declared a quarterly dividend of $1.07 per share, payable on January 5, 2021, to shareholders on record as of December 4, 2020. This marks the 48th consecutive year of dividend increases and the 86th year of dividend payments. Additionally, KMB has scheduled its next annual shareholder meeting for April 29, 2021.
Kimberly-Clark continues its commitment to combat the global sanitation crisis through its 'Toilets Change Lives' program, launched in 2014. The initiative has improved sanitation access for over 5 million people across 12 countries, with significant efforts in Bangladesh, where new public toilets have generated over 1.6 million uses since 2017. Additionally, the program aims to address menstrual hygiene education and support women's employment in the sanitation sector, fostering sustainable job creation. This work aligns with UN goals for clean water and sanitation.
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