secwatch.observer — SEC 8-K summary
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Issuer:     KIMBERLY CLARK CORP (KMB)
CIK:        0000055785
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0000055785-23-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimberly-Clark Q2 organic sales +5%, adj. EPS $1.65 (+23%); raises annual outlook
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- Q2 net sales $5.1B (+1%), organic sales +5% driven by +9% price/mix offset by -3% volume.
- Diluted EPS $0.30 includes $1.36/share impairment charge; adjusted EPS $1.65 vs $1.34 prior year.
- Gross margin 33.7% (+350 bps); adjusted gross margin 34.0% (+380 bps) on net revenue gains and productivity.
- Full-year 2023 outlook raised: organic sales growth 3%-5%, adjusted EPS growth 10%-14% (prior 6%-10%).
- Completed sale of Brazil tissue assets in June; year-to-date cash from operations $1.4B vs $944M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55785/000005578523000053/0000055785-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55785/000005578523000053/pre-20230725.htm
  HTML page:      https://secwatch.observer/filing/0000055785-23-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer