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Kimberly-Clark Corp (KMB.N)

KMB.N on New York Stock Exchange

116.72USD
21 Sep 2018
Change (% chg)

$-0.05 (-0.04%)
Prev Close
$116.77
Open
$117.14
Day's High
$117.39
Day's Low
$116.60
Volume
1,081,884
Avg. Vol
553,821
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$123.77
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$97.13

Latest Key Developments (Source: Significant Developments)

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

Kimberly-Clark Declares Quarterly Dividend
Thursday, 10 May 2018 

May 10 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK DECLARES QUARTERLY DIVIDEND.KIMBERLY-CLARK CORP - HAS DECLARED A REGULAR QUARTERLY DIVIDEND OF $1.00 PER SHARE.  Full Article

Kimberly Clark Announces Investment In Its Mobile, Alabama Mill
Thursday, 12 Apr 2018 

April 12 (Reuters) - Kimberly-Clark Corp ::ANNOUNCES STRATEGIC INVESTMENT IN ITS MOBILE, ALABAMA MILL.ESTIMATED INVESTMENT OF MORE THAN $100 MILLION IN FACILITY.  Full Article

Kimberly-Clark Reports Q4 Adjusted EPS of $1.57
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK ANNOUNCES YEAR-END 2017 RESULTS, 2018 OUTLOOK, NEW GLOBAL RESTRUCTURING AND MULTI-YEAR COST SAVINGS TARGET.SEES FY 2018 EARNINGS PER SHARE $3.90 TO $4.50.Q4 SALES $4.6 BILLION VERSUS I/B/E/S VIEW $4.6 BILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $6.90 TO $7.20.Q4 ADJUSTED EARNINGS PER SHARE $1.57.Q4 EARNINGS PER SHARE $1.75.SEES FY 2018 SALES UP 1 TO 2 PERCENT.Q4 EARNINGS PER SHARE VIEW $1.55 -- THOMSON REUTERS I/B/E/S.ANNOUNCED A NEW GLOBAL RESTRUCTURING INITIATIVE AND ESTABLISHED A MULTI-YEAR SAVINGS TARGET FOR ITS ONGOING COST SAVINGS PROGRAM.KIMBERLY-CLARK - NEW RESTRUCTURING IS EXPECTED TO GENERATE ANNUAL COST SAVINGS OF $500 TO $550 MILLION BY END OF 2021.COMPANY'S BOARD OF DIRECTORS HAS APPROVED A 3.1 PERCENT INCREASE IN QUARTERLY DIVIDEND FOR 2018.2018 ORGANIC SALES TO INCREASE APPROXIMATELY 1 PERCENT.KIMBERLY-CLARK - ESTABLISHED COST SAVINGS TARGET OF MORE THAN $1.5 BILLION OVER 2018 TO 2021 TIME PERIOD FROM ITS ONGOING FORCE PROGRAM.WORKFORCE REDUCTIONS ARE ANTICIPATED TO BE IN RANGE OF 5,000 TO 5,500.KIMBERLY-CLARK - EXPECTS TO CLOSE OR SELL ABOUT 10 MANUFACTURING FACILITIES AND EXPAND PRODUCTION CAPACITY AT SEVERAL OTHERS.KIMBERLY-CLARK - EXPECTS TO EXIT OR DIVEST SOME LOW-MARGIN BUSINESSES THAT GENERATE ABOUT 1 PERCENT OF CO'S NET SALES.TO IMPLEMENT RESTRUCTURING PROGRAM, COMPANY EXPECTS TOTAL CASH SPENDING OF $1,500 TO $1,700 MILLION BY END OF 2020.  Full Article

Kimberly-Clark announces Q3 earnings per share $1.60
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Kimberly-clark Corp :Kimberly-Clark announces third quarter 2017 results.Q3 sales $4.6 billion versus I/B/E/S view $4.66 billion.Q3 earnings per share $1.60.Q3 earnings per share view $1.54 -- Thomson Reuters I/B/E/S.Kimberly-Clark Corp - ‍Confirmed its previous guidance for full-year 2017 net sales and earnings per share​.Kimberly-Clark Corp qtrly personal care segment sales of $2.3 billion, down 1 percent​.Kimberly-Clark Corp qtrly ‍consumer tissue segment sales of $1.5 billion, up 3 percent​.FY2017 earnings per share view $6.20, revenue view $18.32 billion -- Thomson Reuters I/B/E/S.Kimberly-Clark Corp - ‍Full-year spending in 2017 is anticipated to be slightly below company's target range of $850 million to $950 million​.Kimberly-Clark Corp - ‍Full-year input cost inflation is expected to be slightly above company's previous estimate of $200 million to $300 million​.Kimberly-Clark Corp - Year-to-date ‍results were impacted by lower net selling prices and $220 million of higher input costs ​.Kimberly-Clark Corp - ‍Continues to expect that full-year 2017 net sales and organic sales will be similar, or up slightly, year-on-year​.  Full Article

UPDATE 2-Belgian diaper maker Ontex rejects reduced bid from PAI

* Ontex shares down 19 percent (Adds share price move, analyst comment)