Kimberly-Clark Q1 adj EPS $2.01 (+20% YoY); raises FY2024 organic sales and EPS guidance

KIMBERLY CLARK CORP

2024-Q1 EPS reported $1.91 revenue$5,149,000,000

Q1 net sales $5.1B, organic +6% driven by price (+4%), volume (+1%), mix (+1%).
Gross margin 37.1%, up 390 bps YoY.
Adj EPS $2.01, up 20% YoY; includes $0.21 FX headwind.
Raises 2024 outlook: organic sales now mid-single digits (prev low-to-mid), adj EPS growth low-teens (prev high-single).
Personal Care organic +10%, Consumer Tissue flat, KCP organic +2%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KIMBERLY CLARK CORP reported first quarter 2024 results: revenue $5.1 billion, EPS $1.91. Guidance raised.

Period: first quarter 2024
Revenue: $5.1 billion
EPS: $1.91
Guidance: raised
Result: reported results

Exact text from the filing

--- EX-99.1 2 kmbq120248kex-991.htm EARNINGS RELEASE Document Exhibit 99.1 Kimberly-Clark Announces First Quarter 2024 Results and Raises 2024 Outlook Delivers net sales of $5.1 billion driven by 6 percent organic sales growth Strong EPS expansion driven by accretive innovation and productivity initiatives Company increases 2024 outlook to reflect solid start to

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Source: SEC EDGAR

accession 0000055785-24-000053

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