Kimberly-Clark Q2 adj EPS $1.96 (+19% YoY); raises 2024 profit outlook

KIMBERLY CLARK CORP

2024-Q2 EPS reported $3.52 revenue$10,178,000,000

Q2 net sales $5.0B (organic +4%), reported EPS $1.61, adjusted EPS $1.96 up 19%.
Adjusted operating profit +16%; adjusted gross margin 36.9% (+290 bps YoY).
Personal Care organic +8% (North America +5%, D&E +15%), Consumer Tissue -2%, KCP flat.
2024 outlook raised: adj operating profit and EPS now expected mid-to-high teens constant-currency growth (from low-teens).
YTD operating cash flow $1.5B, returned $965M via dividends and buybacks.

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