earnings
confidence high
sentiment positive
materiality 0.80
Kimberly-Clark Q4 organic sales +3%, FY2023 adj EPS $6.57 (+17% YoY); guides 2024 growth
KIMBERLY CLARK CORP
2023-FY EPS reported
$5.21
revenue$20,431,000,000
- Q4 net sales $5.0B in line YoY; organic sales +3% from price (+2%) and mix (+1%).
- Adjusted EPS $1.51, down 2% on hyperinflation and taxes, offset by gross profit expansion.
- Full-year 2023 net sales $20.4B (+1%); organic sales +5%; adjusted EPS $6.57, up 17% YoY.
- 2024 outlook: organic net sales +low-to-mid single digit; constant-currency adj operating profit +high single to low double digit.
- Plans Investor Day in late March to detail strategic priorities and long-term financial algorithm.