earnings
confidence high
sentiment neutral
materiality 0.70
Kimberly-Clark Q3 adj. EPS $1.83 (+5%), organic sales +1%, net sales down 4% on FX and divestitures
KIMBERLY CLARK CORP
2024-Q3 EPS reported
$6.21
revenue$15,130,000,000
- Net sales $5.0B (-4% reported); organic sales +1% (price +1%, volume/mix flat).
- Adjusted EPS $1.83 (+5% YoY) with $0.07 FX headwind; GAAP EPS $2.69 includes $1.34 gain from PPE divestiture.
- Adjusted operating profit +5%; adjusted gross margin 36.7% (+90 bps) on productivity.
- Personal Care organic +3%, Consumer Tissue -1%, K-C Professional -1% (organic).
- 2024 outlook: organic sales growth revised to 3%-4% (from mid-single digit); profit outlook reaffirmed.