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Kimberly-Clark Corp (KMB.N)

KMB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kimberly-Clark Sees FY 2019 Earnings Per Share $4.85 To $5.35
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK ANNOUNCES YEAR-END 2018 RESULTS AND 2019 OUTLOOK AND INTRODUCES K-C STRATEGY 2022.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $6.50 TO $6.70.SEES FY 2019 EARNINGS PER SHARE $4.85 TO $5.35.Q4 SALES $4.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.45 BILLION.Q4 ADJUSTED EARNINGS PER SHARE $1.60.Q4 EARNINGS PER SHARE $1.18.SEES FY 2019 SALES DOWN 1 TO 2 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $1.65 -- REFINITIV IBES DATA.EXPECT ENVIRONMENT IN 2019 WILL REMAIN CHALLENGING, ALTHOUGH SOMEWHAT BETTER THAN IN 2018.Q4 CONSUMER TISSUE SEGMENT SALES OF $1.5 BILLION WERE ESSENTIALLY EVEN YEAR-ON-YEAR.UNDER STRATEGY 2022 SEES SALES AND ORGANIC SALES GROWTH - 1 TO 3 PERCENT ANNUALLY.QTRLY PERSONAL CARE SEGMENT SALES OF $2.2 BILLION DECREASED 2 PERCENT.SEES 2022 ADJUSTED EARNINGS PER SHARE GROWTH - MID-SINGLE DIGITS ANNUALLY.KIMBERLY-CLARK - UNDER STRATEGY 2022, EXPECTS TO SPEND CAPITAL AT ANNUAL RATE OF 4 - 5 PERCENT OF NET SALES AFTER COMPLETING 2018 GLOBAL RESTRUCTURING PROGRAM.UNDER STRATEGY 2022 SEES DIVIDEND GROWTH - GENERALLY IN LINE WITH ADJUSTED EARNINGS PER SHARE GROWTH.INCREASES QUARTERLY DIVIDEND BY 3 PERCENT.UNDER STRATEGY 2022 SEES ADJUSTED RETURN ON INVESTED CAPITAL - AT LEAST MAINTAIN AT CURRENT LEVEL..QUARTERLY DIVIDEND WILL INCREASE TO $1.03 PER SHARE, UP FROM $1.00 PER SHARE IN 2018.QTRLY RESULTS WERE IMPACTED BY $215 MILLION OF HIGHER INPUT COSTS, DRIVEN BY $115 MILLION IN PULP AND $65 MILLION IN OTHER RAW MATERIALS.  Full Article

Surewerx Acquires Jackson Safety, Wilson Brands From Kimberly-Clark Professional
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Surewerx: :SUREWERX ACQUIRES JACKSON SAFETY AND WILSON BRANDS FROM KIMBERLY-CLARK PROFESSIONAL.SUREWERX - ACQUISITION INCLUDES THE INDUSTRIAL WELDING BUSINESS ALONG WITH SELECT PORTIONS OF THE INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT BUSINESSES.  Full Article

Kimberly-Clark Announces Voluntary Recall Of Some Tampons In U.S. And Canada
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK ANNOUNCES VOLUNTARY RECALL OF U BY KOTEX® SLEEK® TAMPONS, REGULAR ABSORBENCY, THROUGHOUT U.S. AND CANADA.KIMBERLY-CLARK - RECEIVED REPORTS FROM CONSUMERS OF KOTEX SLEEK TAMPONS UNRAVELING, COMING APART UPON REMOVAL, CAUSING USERS TO SEEK MEDICAL ATTENTION.  Full Article

Kimberly-Clark Says In Q3 Received Additional Subpoena From U.S. DOJ Regarding Investigation Into Avanos
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK CORP - IN Q3 RECEIVED ADDITIONAL SUBPOENA FROM THE U.S. DOJ REGARDING INVESTIGATION INTO AVANOS - SEC FILING.  Full Article

USW Says Members Of Local 2-482 Of USW Ratified Tentative Deal With Kimberly-Clark
Tuesday, 24 Jul 2018 

July 24 (Reuters) - ‍UNITED STEELWORKERS::USW - MEMBERS OF LOCAL 2-482 OF USW RATIFIED TENTATIVE DEAL WITH KIMBERLY-CLARK WITH GOAL OF PRESERVING,EXPANDING EMPLOYMENT AT CO'S FOX CROSSING PLANT.  Full Article

Kimberly-Clark Posts Q2 Adjusted Earnings Per Share $1.59
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK ANNOUNCES SECOND QUARTER 2018 RESULTS.SEES FY 2018 EARNINGS PER SHARE $3.37 TO $3.87.Q2 ADJUSTED EARNINGS PER SHARE $1.59.Q2 EARNINGS PER SHARE $1.30.Q2 SALES $4.6 BILLION VERSUS I/B/E/S VIEW $4.62 BILLION.Q2 EARNINGS PER SHARE VIEW $1.57 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $6.60 TO $6.80.PERSONAL CARE SEGMENT Q2 SALES OF $2.3 BILLION DECREASED 1 PERCENT.IN QUARTER, CHANGES IN FOREIGN CURRENCY EXCHANGE RATES BENEFITED SALES BY 1 PERCENT WHILE ORGANIC SALES WERE EVEN YEAR-ON-YEAR.CONSUMER TISSUE SEGMENT Q2 SALES OF $1.5 BILLION INCREASED 1 PERCENT.FOR FULL YEAR, MAINTAINING ORGANIC SALES GROWTH TARGET AND REDUCING EARNINGS OUTLOOK.Q2 RESULTS WERE IMPACTED BY $200 MILLION OF HIGHER INPUT COSTS, DRIVEN BY $125 MILLION IN PULP AND $45 MILLION IN OTHER RAW MATERIALS.KIMBERLY-CLARK - 2018 ADH EARNINGS PER SHARE FORECAST UPDATE REFLECTS HIGHER COMMODITY INFLATION, WORSE CURRENCY OUTLOOK.EXPECTS TO INCUR RESTRUCTURING CHARGES OF $1,700 TO $1,900 MILLION PRE-TAX BY END OF 2020.SEES 2018 INFLATION IN KEY COST INPUTS OF $675 MILLION TO $775 MILLION.KIMBERLY-CLARK-AS PART OF RESTRUCTURING PROGRAM, EXPECTS TO EXIT OR DIVEST SOME "LOW-MARGIN BUSINESSES" THAT GENERATE ABOUT 1 PERCENT OF COMPANY NET SALES.KIMBERLY-CLARK -UPDATE TO 2018 INFLATION IN KEY COST INPUTS REFLECTS HIGHER ASSUMPTIONS FOR PULP COSTS IN PARTICULAR, SECONDARILY OTHER RAW MATERIALS.  Full Article

Sorrento Acquires Sofusa Lymphatic Delivery Technology Platform
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Sorrento Therapeutics Inc ::SORRENTO ACQUIRES THE SOFUSA™ LYMPHATIC DELIVERY PLATFORM FOR IMMUNE-ONCOLOGY (I-O) ANTIBODY THERAPEUTICS.SORRENTO THERAPEUTICS INC - ACQUIRED SOFUSA LYMPHATIC DELIVERY TECHNOLOGY PLATFORM FROM KIMBERLY-CLARK CORPORATION.  Full Article

Kimberly-Clark - Approved $30 Mln For Expansion And Improvements To Its Nonwovens Manufacturing Facility
Tuesday, 22 May 2018 

May 22 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK CORP - APPROVED $30 MILLION FOR EXPANSION AND IMPROVEMENTS TO ITS NONWOVENS MANUFACTURING FACILITY IN HENDERSONVILLE, NORTH CAROLINA.  Full Article

Kimberly-Clark Names Giusy Buonfantino As Chief Marketing Officer
Monday, 21 May 2018 

May 21 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK NAMES GIUSY BUONFANTINO AS CHIEF MARKETING OFFICER.KIMBERLY-CLARK - BUONFANTINO MOST RECENTLY SERVED AS PRESIDENT OF KIMBERLY-CLARK'S BABY AND CHILD CARE BUSINESS IN NORTH AMERICA.  Full Article

Kimberly-Clark Corp - Kim Underhill, President Of Kimberly-Clark Professional, Named Group President Kimberly-Clark North America
Friday, 11 May 2018 

May 11 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK CORP - KIM UNDERHILL, PRESIDENT OF KIMBERLY-CLARK PROFESSIONAL, HAS BEEN NAMED GROUP PRESIDENT KIMBERLY-CLARK NORTH AMERICA.KIMBERLY-CLARK CORP - UNDERHILL IS SUCCEEDING LARRY ALLGAIER.  Full Article

UPDATE 2-Hygiene products maker Essity beats estimates on price hikes, strong sales

* CEO: price hikes will soon compensate fully for input costs (Adds CEO, analyst, share price)