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Kimberly-Clark Corp. - KMB STOCK NEWS

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.

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Kimberly-Clark (KMB) to release first quarter 2024 results on April 23, with a live Q&A session for analysts. Access the materials and webcast on investor.kimberly-clark.com.
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Kimberly-Clark (NYSE: KMB) announces a new transformation phase focusing on long-term growth, innovation, and sustainability. The company aims for $3 billion in productivity savings, $500 million in working capital savings, and 100% Natural Forest-Free products by 2030. The new operating model emphasizes innovation, margin optimization, and organizational growth, with a clear focus on three business segments. Long-term targets include organic net sales growth, adjusted profit growth, and EPS growth in the mid-to-high single digits, with a commitment to annual free cash flow generation of at least $2 billion.
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Kimberly-Clark 's innovative solutions earn a spot on Fortune's 2024 America's Most Innovative Companies list, reflecting their commitment to product and process innovation.
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Kimberly-Clark has been named to the prestigious As You Sow and Corporate Knights Carbon Clean200 list for the fifth time. The Clean200 list highlights the top 200 publicly traded companies globally leading in clean energy solutions. Kimberly-Clark's inclusion showcases its dedication to sustainability and clean revenues.
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Kimberly-Clark rises to No. 2 on Barron's list of 100 Most Sustainable Companies for the fifth consecutive year, showcasing strong ESG efforts and global impact.
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Kotex® She Can Initiative partners with She's the First to empower women and girls on International Women's Day, focusing on education and breaking period stigmas.
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Kimberly-Clark Corporation partners with Bright Horizons for a pilot program to convert used diapers and wipes into energy, reducing environmental impact.
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Kimberly-Clark's Huggies Brand partners with Bright Horizons for a pilot program to convert used diapers into energy sources, aiming to reduce environmental impact.
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Huggies and Baby2Baby, with support from Kimberly-Clark Foundation, are expanding a program to aid new mothers and babies by providing essential supplies and support in partnership with The Department of Health and Human Services. The initiative aims to address rising diaper need and maternal mortality rates in America by distributing kits containing diapers, wipes, hygiene products, and more to vulnerable communities across the country.
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Kimberly-Clark recognized as one of the 2024 World's Most Ethical Companies by Ethisphere for the sixth consecutive year. The company's commitment to ethical business practices and corporate citizenship highlighted. CEO Mike Hsu expresses gratitude for the recognition. Ethisphere praises Kimberly-Clark's dedication to ethics, compliance, and governance. The assessment process involves over 240 proof points on ethics culture, ESG practices, compliance programs, diversity, equity, and inclusion. Kimberly-Clark's honor signifies strong ethics as good business.
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FAQ

What is the current stock price of Kimberly-Clark (KMB)?

The current stock price of Kimberly-Clark (KMB) is $134.08 as of November 15, 2024.

What is the market cap of Kimberly-Clark (KMB)?

The market cap of Kimberly-Clark (KMB) is approximately 44.6B.

What does Kimberly-Clark Corporation do?

Kimberly-Clark Corporation is a global leader in home and personal care products, known for brands like Kleenex, Huggies, and Scott. The company focuses on personal care, consumer tissue products, and workplace safety and sanitary solutions.

What are some of Kimberly-Clark's most popular brands?

Kimberly-Clark's most popular brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, and Andrex.

Where does Kimberly-Clark generate most of its sales?

Kimberly-Clark generates more than half of its sales in North America, with significant contributions from Europe, Asia, and Latin America.

What recent initiatives has Kimberly-Clark announced?

Kimberly-Clark recently announced a partnership with Bright Horizons to convert used diapers and wipes into energy, aiming to divert waste from landfills and promote sustainability.

What is Kimberly-Clark's commitment to sustainability?

Kimberly-Clark is committed to sustainability, with goals like becoming 100% Natural Forest-Free by 2030 and using sustainable practices to support a healthy planet and build strong communities.

How did Kimberly-Clark perform financially in 2023?

Kimberly-Clark reported strong organic growth and cost recovery in 2023, with a 3% increase in organic sales and improvements in gross margin and operating profit.

When is Kimberly-Clark's next earnings release?

Kimberly-Clark will issue its first quarter 2024 results on Tuesday, April 23. A live Q&A session with analysts is scheduled for the same day.

What are Kimberly-Clark's strategic priorities for 2024?

Kimberly-Clark's strategic priorities for 2024 include brand differentiation, supply chain stabilization, disciplined cost management, and enhancing sustainability initiatives.

What is the significance of Kimberly-Clark's new operating model?

Kimberly-Clark's new operating model aims to leverage strategic business segments and world-class functions to drive growth, improve profitability, and enhance returns on investment.

How does Kimberly-Clark contribute to community welfare?

Kimberly-Clark's 43,000 employees actively give back to communities and causes globally, supporting initiatives like the Kotex She Can Initiative to end period stigmas and promote education for women and girls.

Kimberly-Clark Corp.

NYSE:KMB

KMB Rankings

KMB Stock Data

44.65B
333.49M
0.17%
79.99%
1.28%
Household & Personal Products
Converted Paper & Paperboard Prods (no Contaners/boxes)
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United States of America
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