secwatch.observer — SEC 8-K summary
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Issuer:     KIMBERLY CLARK CORP (KMB)
CIK:        0000055785
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000055785-23-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimberly-Clark Q3 net sales $5.1B, organic sales +5%; raises FY2023 outlook
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- Q3 net sales $5.1B (+2% total, +5% organic), driven by 5% price and 1% favorable mix; volume -1%.
- Gross margin 35.8% (+530 bps YoY), restored to pre-pandemic level; adjusted EPS $1.74 (+24% YoY).
- Personal Care organic sales +7%, Consumer Tissue +2%, K-C Professional +4%; all segments improved margins.
- 2023 outlook raised: organic growth 4%-5% (prev 3%-5%), adjusted EPS growth 15%-17% (prev 10%-14%).
- Year-to-date cash from ops $2.3B vs $1.7B; $1.3B returned to shareholders via dividends and buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55785/000005578523000061/0000055785-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55785/000005578523000061/pre-20231024.htm
  HTML page:      https://secwatch.observer/filing/0000055785-23-000061

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