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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.

News

Ethisphere Names Kimberly-Clark as One of the 2024 World's Most Ethical Companies®

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Kimberly-Clark (KMB) 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 through rigorous evaluation process.
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Kimberly-Clark, Energy Partners Sign PPA for One of Cape Town's Largest Rooftop Solar Systems

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Kimberly-Clark and Energy Partners sign a long-term agreement to install a 2.2MW rooftop solar PV system at the Epping manufacturing facility in Cape Town, South Africa. The project aims to save over 3,130 tonnes of CO2 emissions annually and power 1,030 homes. The collaboration between the two companies will help Kimberly-Clark achieve its 2030 sustainability goals by reducing emissions by 50% compared to 2015.
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Kimberly-Clark Announces 2024 Investor Day

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Kimberly-Clark Corporation (KMB) will host an Investor Day on March 27, 2024, to discuss strategic priorities, key initiatives, and a new long-term financial algorithm.
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Kotex Global Study Finds Nearly 60% of Women Feel Progress is Lacking and Launches #ProgressFeelsLike Movement to Ignite Action on International Women's Day

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Kimberly-Clark's Kotex launches the next phase of its 'She Can Initiative' to raise awareness and create systemic change. The company releases study data on women's feelings globally.
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Kimberly-Clark's African Ancestry Employee Network Celebrates Black History Month and a Milestone

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Kimberly-Clark's African Ancestry Employee Network (AAEN) celebrates its 30th anniversary, highlighting its significant impact on diversity, equity, and inclusion at Kimberly-Clark. Founded in 1994, AAEN has been a pioneer in driving workplace diversity initiatives, including mentoring programs and diversity conferences. With over 2,000 global members, AAEN continues to promote an inclusive environment aligned with Kimberly-Clark's purpose of Better Care for a Better World.
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Toilet Board Coalition Recognizes Global Sanitation Businesses as Accelerator Graduates

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Kimberly-Clark Corporation's leaders served as mentors for 2023 graduates of the Toilet Board Coalition's Accelerator program, which aims to address the global sanitation crisis. The program offers guidance, investor contacts, and business advice to sanitation entrepreneurs, impacting over 3 million people daily. The company's active collaboration with the coalition reflects its commitment to improving sanitation and contributing positively to the dignity of life.
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Kimberly-Clark Appoints Grant McGee as Senior Vice President and General Counsel

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Kimberly-Clark Corporation (KMB) appoints Grant McGee as senior vice president and general counsel, effective Feb. 1. McGee, returning from American Airlines, brings extensive legal and enterprise experience to the role. Chairman and CEO Mike Hsu expresses optimism for the company's growth strategy.
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Kimberly-Clark Malaysia Wins Two Awards From HR Asia

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Kimberly-Clark Malaysia has been recognized with two recent awards, being selected as one of the 'Best Companies to Work for in Asia - Malaysia' for the 7th time by HR Asia, and also winning the Diversity, Equity & Inclusion Award. The company emphasizes the importance of creating a diverse and inclusive workplace for its success.
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Kimberly-Clark Declares Dividend Increase

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Kimberly-Clark Corporation (KMB) has announced a 3.4% increase in its quarterly dividend to $1.22 per share. This marks the 52nd consecutive year of dividend increases, reflecting the company's commitment to rewarding its shareholders.
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Kimberly-Clark Announces Full-Year 2023 Results And 2024 Outlook

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Kimberly-Clark Corporation (NYSE: KMB) reported net sales of $20.4 billion in 2023, achieving better-than-anticipated organic sales growth and strong cost, margin, and earnings recovery. The company provided its 2024 outlook, expecting a low-to-mid single digit percentage increase in organic net sales and high single-digit growth in adjusted operating profit and earnings per share. The fourth quarter results showed a 3% increase in organic sales, with gross margin up by 210 basis points. Despite these positive outcomes, the company experienced a decrease in operating profit, higher interest expenses, and a higher effective tax rate. The company plans to hold an Investor Day in late March to detail its strategic priorities and key initiatives underpinning its vision for the future.
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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.

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Kimberly-Clark Corp.

NYSE:KMB

KMB Rankings

#308 Ranked by Market Cap
#837 Ranked by Dividends

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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