Kimberly-Clark(KMB)

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3 Companies Unlocking Higher Profits: KMB, DECK, WMT
ZACKS· 2024-08-20 22:36
The 2024 Q2 earnings season is slowly winding down, with a vast majority of companies already delivering their quarterly releases. And throughout the period, several companies unlocked higher profitability amid margin expansion, including Deckers Outdoor (DECK) , Kimberly Clark (KMB) , and Walmart (WMT) . Let's take a closer look at each quarterly release. Deckers Outdoor Enjoys Brand Momentum Deckers Outdoor posted a strong quarter yet again, exceeding both earnings and revenue expectations handily and con ...
Kleenex® and Jenna Bush Hager Celebrate 100 Years of Facing Life's Moments by Giving Back to Schools in Need
Prnewswire· 2024-08-14 17:18
Kleenex's 100th Anniversary Initiative - Kleenex is celebrating its 100th anniversary by donating $500,000 in school supplies to assist educators and schools in low-income communities [1] - Consumers can nominate deserving schools for a chance to receive $100,000 in school supplies through DonorsChoose, with an additional 100 schools receiving $4,000 in DonorsChoose credits [1] - The initiative aims to support schools in providing basic needs for students to thrive in the classroom and beyond [2] Partnership with Jenna Bush Hager - Kleenex is partnering with Jenna Bush Hager, a former classroom teacher and reading specialist, to raise awareness about the importance of supporting students in educational spaces [3] - Jenna Bush Hager emphasizes the importance of classroom essentials for student growth and success, and is thrilled to collaborate with Kleenex on this initiative [4] Impact on Teachers and Schools - 94% of teachers spend their own money on classroom resources, averaging $610 per year, as school budgets decline [1] - Kleenex's donation aims to create environments where teachers can excel and students can thrive on their educational journeys [1] - Through its four-year partnership with DonorsChoose, Kleenex has donated over $4.5 million, funding 23,000 projects and benefiting over 13,000 schools [4] Corporate Commitment and History - Kleenex, a Kimberly-Clark brand, has been supporting people through life's moments for 100 years and is committed to providing quality products [5] - Kimberly-Clark's portfolio of brands holds No 1 or No 2 share positions in approximately 70 countries and is recognized for its ethical and innovative practices [6][7] About DonorsChoose - DonorsChoose is a leading crowdfunding platform for public schools, having supported nearly 3 million teacher requests with $1.6 billion in contributions since 2000 [8] - The platform is highly rated for transparency and accountability by Charity Navigator and GuideStar [8]
Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
MarketBeat· 2024-07-29 15:35
Price Target $145.67 While the name Kimberly-Clark may not be familiar to consumers, its brands are well known. Huggies, Poise, Kotex, and Depends lead the company's Personal Care brands. This segment saw the most promising growth in Q2 2024, with 8% YoY organic growth and 14% YoY operating profit growth. China and North America led volume growth. Focus markets experiencing volume growth include Australia, Brazil, and Indonesia. KMB Forms a Symmetrical Triangle Pattern The company reported Q2 2024 EPS of $1 ...
Kimberly-Clark (KMB) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-23 16:01
Kimberly-Clark (KMB) reported $5.03 billion in revenue for the quarter ended June 2024, representing a yearover-year decline of 2.1%. EPS of $1.96 for the same period compares to $1.65 a year ago. The reported revenue represents a surprise of -1.42% over the Zacks Consensus Estimate of $5.1 billion. With the consensus EPS estimate being $1.68, the EPS surprise was +16.67%. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps in ...
Kimberly-Clark (KMB) Tops Q2 Earnings Estimates, Ups FY24 View
ZACKS· 2024-07-23 14:45
Kimberly-Clark Corporation (KMB) posted second-quarter 2024 results, with the bottom line increasing year over year and surpassing the Zacks Consensus Estimate. The top line missed the consensus mark and declined year over year. Quarter in Detail Kimberly-Clark's sales totaled $5,029 million, missing the consensus estimate of $5,101.2 million. The metric dropped 2% compared with the year-ago period's figure. Unfavorable foreign currency rates affected sales by nearly 5% and the divestiture of KMB's tissue a ...
Kimberly-Clark(KMB) - 2024 Q2 - Earnings Call Transcript
2024-07-23 13:28
Kimberly-Clark Corporation (NYSE:KMB) Q2 2024 Earnings Conference Call July 23, 2024 8:00 AM ET Company Participants Chris Jakubik - Head-Investor Relations Mike Hsu - Chairman & Chief Executive Officer Nelson Urdaneta - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Nik Modi - RBC Capital Markets Javier Escalante - Evercore Anna Lizzul - Bank of America Andrea Teixeira - JPMorgan Bonnie Herzog - Goldman Sachs Operator Good morning, and welco ...
Kimberly-Clark(KMB) - 2024 Q2 - Quarterly Report
2024-07-23 13:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 KIMBERLY-CLARK CORPORATION (Exact name of registrant as specified in its charter) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchang ...
Kimberly-Clark (KMB) Q2 Earnings Top Estimates
ZACKS· 2024-07-23 12:41
Kimberly-Clark (KMB) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this maker of consumer products such as Huggies diapers and Kleenex tissue would post earnings of $1.61 per share when it actually produced earnings of $2.01, delivering a ...
Kimberly-Clark(KMB) - 2024 Q2 - Earnings Call Presentation
2024-07-23 11:47
> Operating profit growth driven by strong productivity gains in current year and better balance of pricing relative to costs compared to prior year. | --- | --- | --- | --- | |-------|-------|--------------------------|-------| | | | | | | | | | | | | -2% | -1% | | | | Q2'24 | YTD'24 | | | | | | | | | +23% | +22% | | | | | Operating Profit Growth | | 1. Organic net sales describes the combined impact of changes in volume, mix and net price excluding prior year's impact of divestitures and business exits. 1 ...
Kimberly-Clark(KMB) - 2024 Q2 - Quarterly Results
2024-07-23 10:32
Exhibit 99.1 DALLAS, July 23, 2024 - Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period. Quarter Highlights • Diluted earnings per share were $1.61; adjusted earnings per share were $1.96, up 19 percent versus prior year including a $0.12 year-on-year headwind from currency translation. ...