secwatch.observer — SEC 8-K summary
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Issuer:     KIMBERLY CLARK CORP (KMB)
CIK:        0000055785
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0000055785-22-000073
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimberly-Clark Q3 adj. EPS $1.40 (-14% YoY); organic sales +5%; guidance maintained at lower end
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- Net sales $5.1B, +1% reported; organic sales +5% on 9% price, 1% mix, -5% volume; FX hurt 4%.
- Adj. EPS $1.40 vs $1.62 YoY; GAAP EPS $1.38; input cost headwind $360M partially offset by $80M FORCE savings.
- Personal Care sales -1% (volumes -7%), Consumer Tissue +2%, K-C Professional +5%; all segments raised prices.
- FY2022 outlook: organic sales growth 5-7% (unchanged); adj. EPS at lower end of $5.60-$6.00; capex trimmed to $0.9-1.0B.
- CEO cites sequential margin improvement; currency now seen as 3-4% sales drag (was 3%) and mid-to-high single-digit OP impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55785/000005578522000073/0000055785-22-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55785/000005578522000073/pre-20221025.htm
  HTML page:      https://secwatch.observer/filing/0000055785-22-000073

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