earnings
confidence high
sentiment neutral
materiality 0.70
Kimberly-Clark Q2 2022 net sales $5.1B, organic sales up 9%, raises organic growth outlook
KIMBERLY CLARK CORP
2022-Q2 EPS reported
$2.84
revenue$10,158,000,000
- Second quarter net sales of $5.1 billion increased 7% year-over-year; organic sales rose 9%.
- Adjusted earnings per share of $1.34, down 9% from $1.47 in Q2 2021.
- Full-year 2022 organic sales growth outlook raised to 5-7% (prior 4-6%); adjusted EPS guidance maintained at $5.60-$6.00.
- Input cost inflation for 2022 expected to be $1.4 to $1.6 billion, higher than prior estimate of $1.1-$1.3 billion.
- Personal Care segment sales up 8% to $2.7 billion; operating profit increased 3%.