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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Kimberly Clark Corp | NYSE:KMB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.035 | 0.03% | 136.005 | 137.38 | 135.875 | 136.90 | 562,089 | 18:07:06 |
From May 2019 to May 2024
By Allison Prang
Sales at Kimberly-Clark Corp., the seller of Scott and Cottonelle toilet paper and Kleenex, jumped to slightly more than $5 billion in the first quarter as consumers stockpiled paper products.
Sales at the personal-care company rose more than 8% from a year ago. According to FactSet, analysts were expecting sales of $4.86 billion. Kimberly-Clark said consumers stocking up on products boosted all of its segments and main geographies and that consumer tissue was especially impacted.
Consumers, spurred by the Covid-19 pandemic, have rushed to buy goods like toilet paper, pressuring those products' suppliers.
The company's net income climbed 45%, to $660 million. Kimberly-Clark's earnings were $1.92 a share, up from $1.31 a share. Adjusted earnings were $2.13 a share. Analysts' expected $1.98 a share.
Kimberly-Clark is also temporarily suspending its guidance as a result of the pandemic, Chief Executive Mike Hsu said.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
April 22, 2020 08:12 ET (12:12 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Kimberly Clark Chart |
1 Month Kimberly Clark Chart |
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