---
schema_version: "secwatch.filing_event.v1"
accession: "0000055785-23-000027"
form_type: "8-K"
ticker: "KMB"
cik: "0000055785"
company_name: "KIMBERLY CLARK CORP"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:16:55.154672+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kimberly-Clark Q1 organic sales +5%; raises 2023 EPS growth outlook to 6-10%

## Summary
- Net sales $5.2B (+2% reported, +5% organic); diluted EPS $1.67 (+8% reported, +24% adjusted).
- Gross margin 33.2% (+340 bps YoY); operating profit $787M, +25% adjusted.
- Personal Care organic +3%, Consumer Tissue +7%, K-C Professional +11%.
- 2023 outlook raised: EPS growth 6-10% vs 2-6% prior; operating profit up low double digits.
- Cash from operations $613M (vs $204M); capex $201M; $34M share repurchases.

## SEC filing metadata
- accession: 0000055785-23-000027
- form_type: 8-K
- ticker: KMB
- cik: 0000055785
- company_name: KIMBERLY CLARK CORP
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55785/000005578523000027/0000055785-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55785/000005578523000027/pre-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000055785-23-000027
- JSON: https://secwatch.observer/filing/0000055785-23-000027.json
- Plain text: https://secwatch.observer/filing/0000055785-23-000027.txt

## Key facts
- Earnings Releases
  KIMBERLY CLARK CORP reported first quarter 2023 results: revenue $5.2 billion, EPS $1.67. Guidance raised.
  - Period: first quarter 2023
  - Revenue: $5.2 billion
  - EPS: $1.67
  - Guidance: raised
  - Result: reported results
  source text: First quarter sales of $5.2 billion increased 2 percent, with organic sales up 5 percent, driven by a 10 percent increase in price and favorable product mix from ongoing revenue growth management programs offset by a 5 percent decrease in volume. Changes in foreign currency exchange rates decreased sales by approximately 4 percent. On a combined two year basis, organic growth increased 8 percent. In North America, sales increased 5 percent over last year, including increases of 2 percent in Personal Care, 5 percent in Consumer Tissue and 12 percent in K-C Professional. Outside North America, organic sales were up 4 percent in developing and emerging (D&E) markets and 10 percent in developed markets (Australia, South Korea and Western/Central Europe). Gross margin improved by 340 basis points to 33.2 percent, with higher net revenue realization and cost savings offsetting higher input costs of $160 million. First quarter operating profit was $787 million compared to $693 million last ye
  evidence_url: https://www.sec.gov/Archives/edgar/data/55785/000005578523000027/0000055785-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
