earnings
confidence high
sentiment negative
materiality 0.85
Kimberly-Clark Q2 adjusted EPS $1.47 vs $2.20 YoY; cuts full-year guidance
KIMBERLY CLARK CORP
2021-Q2 EPS reported
$2.92
revenue$9,465,000,000
- Q2 net sales $4.7B (+2% YoY); organic sales fell 3% on volume decline of 4%.
- Adjusted EPS $1.47 (down 33% YoY); GAAP EPS $1.19 (down 40% YoY).
- FY2021 adjusted EPS guidance cut to $6.65-$6.90 from prior $7.30-$7.55.
- Input cost inflation now seen at $1.2-$1.3B (prior $0.9-$1.05B) due to pulp and polymers.
- Consumer tissue volumes sank 15% as North American destocking continued.