Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names. The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and other brand names. The K-C Professional segment offers wipers, tissues, towels, apparel, soaps, and sanitizers under the Kleenex, Scott, WypAll, Kimtech, and KleenGuard brands. The company sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce; and away-from-home use products directly to manufacturing, lodging, office building, food service, and public facilities, as well as through distributors and e-commerce. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.
IPO Year:
Exchange: NYSE
Website: kimberly-clark.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/23/2024 | $161.00 | Buy | TD Cowen |
6/24/2024 | $146.00 | Neutral | Exane BNP Paribas |
6/13/2024 | $115.00 → $160.00 | Underperform → Buy | BofA Securities |
6/3/2024 | $126.00 → $165.00 | Sector Perform → Outperform | RBC Capital Mkts |
3/28/2024 | $133.00 → $150.00 | In-line → Outperform | Evercore ISI |
3/1/2024 | $135.00 | Buy | Goldman |
12/15/2023 | $135.00 → $115.00 | Neutral → Underperform | BofA Securities |
11/17/2023 | $146.00 | Overweight | Piper Sandler |
10/12/2023 | $125.00 → $118.00 | Underperform → Mkt Perform | Bernstein |
9/22/2023 | $133.00 | Hold | HSBC Securities |
SC 13G/A - KIMBERLY CLARK CORP (0000055785) (Subject)
SC 13G/A - KIMBERLY CLARK CORP (0000055785) (Subject)
SC 13G/A - KIMBERLY CLARK CORP (0000055785) (Subject)
SC 13G/A - KIMBERLY CLARK CORP (0000055785) (Subject)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
DALLAS, Nov. 13, 2024 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a regular quarterly dividend of $1.22 per share. The dividend is payable in cash on January 3, 2025, to stockholders of record at the close of business on December 6, 2024. This represents the 90th consecutive year Kimberly-Clark has paid a dividend to shareholders and the 52nd consecutive year it has increased its dividend. The company also announced that it will hold its next annual shareholder meeting on May 1, 2025. About Kimberly-Clark Kimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenu
DALLAS, Nov. 13, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today announced that Joseph Romanelli, president of Human Health International for Merck & Co., Inc., Rahway, NJ, USA, ("MSD") has been elected to its board of directors, effective immediately. In connection with the election, Kimberly-Clark's board size will increase from 12 to 13 directors. "Joe Romanelli is an outstanding addition to the Kimberly-Clark Board of Directors," said Mike Hsu, chairman and chief executive officer of Kimberly-Clark. "As we advance our Powering Care strategy, we will benefit from Joe's global leadership experience and his expertise in using leading-edge science to save and improve lives
Lauren Brazel wins $5,000 and Tinley Park High School also receives a $5,000 check plus a one-year supply of Kleenex Brand Tissue. Lauren Brazel of Tinley Park High School near Chicago is the 2024 Grand Prize winner of the national teacher recognition program, Heroes of the Classroom, presented by Kleenex®. Heroes of the Classroom — commemorating 100 years of strength with Kleenex Brand Tissues — recognizes K-12 teachers for their hard work, resilience, and dedication to students. Ms. Brazel was selected from among 10 finalists from schools in California, Florida, Georgia, Hawaii, Illinois, Nevada, New Jersey, South Carolina, and Utah. This press release features multimedia. View the full
- Jean Pockets That Show Off (Not Hide) Your Pad - CHICAGO, Oct. 23, 2024 /PRNewswire/ -- According to a recent study, 83% of girls feel like they should hide their period products on the way to the bathroom.1 U by Kotex® is empowering women to embrace their inner confidence and champion transparency around periods, literally. Introducing MaxiMalism Jeans: a limited-edition line of denim jeans designed to proudly feature your pad, not obscure it. After all, roughly 1.8 billion people menstruate every month worldwide.2 It's time to end the shame and recognize there is nothing to hide.
Delivers net sales of $5.0 billion on 1 percent organic sales growthResults and outlook reflect strong in-market execution, effective cost management and productivity DALLAS, Oct. 22, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported third quarter 2024 results driven by market-leading consumption growth from pioneering, innovative new products, and leveraging sustained productivity momentum. "Our third quarter results reflect strong execution across the business as we transform our organization," said Kimberly-Clark Chairman and CEO, Mike Hsu. "I'm very proud of our teams' ability to deliver organic top-and-bottom-line growth, driven by market share gains and improv
The brand is giving away baby bodysuits to help educate caregivers on safe sleep best practices as recommended by experts CHICAGO, Oct. 16, 2024 /PRNewswire/ -- October is Safe Sleep and Sudden Infant Death Syndrome (SIDS) awareness month. To help spread awareness, the Kimberly-Clark U.S. Huggies® Brand is giving away baby bodysuits that serve as a physical reminder back is best when laying baby down for nap and at night. The National Institutes for Health shares the most effective action caregivers can take to reduce baby's risk of SIDS is to always place baby on their back
DALLAS, Oct. 8, 2024 /PRNewswire/ -- Kimberly-Clark (NYSE:KMB) will issue its third quarter 2024 results on Tuesday, October 22. A press release and supplemental materials will be issued at approximately 6:35 a.m. EDT. Kimberly-Clark management will then host a live Q&A session with analysts beginning at 8:00 a.m. EDT. The earnings release, supplemental materials, and Kimberly-Clark's Q&A session can be accessed at Kimberly-Clark - Investor Relations. A replay of the webcast will be available following the event through the same website. About Kimberly-ClarkKimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ing
Teachers in nine states win a $1,000 Costco Shop gift card for themselves and a $1,000 check for their schools. Each person is now eligible to compete for the Grand Prize, which includes approx. $11,000 in cash and prizes. Teachers from states across the country including California, Florida, Georgia, Hawaii, Illinois, Nevada, New Jersey, South Carolina, and Utah are First Prize winners in the national teacher recognition program presented by Kleenex®. Kleenex® Heroes of the Classroom — commemorating 100 years of strength with Kleenex Brand Tissues — recognizes K-12 teachers for their hard work, resilience, and dedication to students. Each of the ten First Prize winners is eligible to comp
Depend® has donated more than $1 million over the last five years to help fight the stigmas surrounding prostate cancer CHICAGO, Sept. 19, 2024 /PRNewswire/ -- One in eight men will be diagnosed with prostate cancer1, and many experience bladder leaks as a result. While this prevalent disease can have a 99.9% survival rate if detected early, many men avoid taking action because of the "taboos" surrounding the subject of screenings and side effects. Depend® is on a mission to demystify these topics and encourage men to take charge of their health in its fifth year of its Stand Strong for Men's Health™ initiative, benefitting the Prostate Cancer Foundation (PCF).
For every pack of Huggies® Diapers purchased at a Walgreens store or online at Walgreens.com through September, Huggies® will donate a day's worth of diapers to the National Diaper Bank Network, up to one million diapers. CHICAGO, Sept. 13, 2024 /PRNewswire/ -- For the eighth consecutive year, Kimberly-Clark's North American Huggies® Brand and Walgreens are coming together to raise awareness of diaper need in the United States, supporting those struggling with providing diapers for their children. One in two1 families in the U.S. experience diaper need and are unable to provide enough diapers to help keep their child's skin clean, dry and healthy. Now through September 30, 2024, Huggies® an
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
3 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
3 - KIMBERLY CLARK CORP (0000055785) (Issuer)
4 - KIMBERLY CLARK CORP (0000055785) (Issuer)
DALLAS, Nov. 13, 2024 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a regular quarterly dividend of $1.22 per share. The dividend is payable in cash on January 3, 2025, to stockholders of record at the close of business on December 6, 2024. This represents the 90th consecutive year Kimberly-Clark has paid a dividend to shareholders and the 52nd consecutive year it has increased its dividend. The company also announced that it will hold its next annual shareholder meeting on May 1, 2025. About Kimberly-Clark Kimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenu
Delivers net sales of $5.0 billion on 1 percent organic sales growthResults and outlook reflect strong in-market execution, effective cost management and productivity DALLAS, Oct. 22, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported third quarter 2024 results driven by market-leading consumption growth from pioneering, innovative new products, and leveraging sustained productivity momentum. "Our third quarter results reflect strong execution across the business as we transform our organization," said Kimberly-Clark Chairman and CEO, Mike Hsu. "I'm very proud of our teams' ability to deliver organic top-and-bottom-line growth, driven by market share gains and improv
DALLAS, Aug. 1, 2024 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE:KMB) has declared a regular quarterly dividend of $1.22 per share. The dividend is payable in cash on October 2, 2024, to stockholders of record at the close of business on September 6, 2024. This represents the 90th consecutive year Kimberly-Clark has paid a dividend to shareholders and the 52nd consecutive year it has increased its dividend. About Kimberly-Clark Kimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that he
Delivers net sales of $5.0 billion driven by 4 percent organic sales growthStrong EPS expansion driven by innovation-led volume gains, effective cost management and productivity Company increases 2024 earnings outlook to reflect strong first half DALLAS, July 23, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported second quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period. "I am very proud of how our teams around the world have advanced our new operating model and delivered high-quality, top and bottom-line re
DALLAS, May 2, 2024 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE:KMB) has declared a regular quarterly dividend of $1.22 per share. The dividend is payable in cash on July 2, 2024, to stockholders of record at the close of business on June 7, 2024. This represents the 90th consecutive year Kimberly-Clark has paid a dividend to shareholders and the 52nd consecutive year it has increased its dividend. About Kimberly-Clark Kimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help indivi
Delivers net sales of $5.1 billion driven by 6 percent organic sales growthStrong EPS expansion driven by accretive innovation and productivity initiatives Company increases 2024 outlook to reflect solid start to year DALLAS, April 23, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today reported first quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period. "We delivered an encouraging set of first quarter results as we embark on this next chapter of growth for Kimberly-Clark," said Kimberly-Clark Chairman and CEO Mike Hsu
Announces Strong Long-Term Growth & Return Algorithm with Organic Net Sales Growth Ahead of Market Growth and Adjusted EPS Growth in Mid-to-High Single Digits Targets More Than $3 Billion in Gross Productivity Savings and Approximately $500 Million in Working Capital Savings Commits to 100% Natural Forest Free Ambition Across Product Portfolio DALLAS, March 27, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) announced that today, Mike Hsu, Chairman and Chief Executive Officer, and members of his executive leadership team are unveiling the next phase of the company's transformation, including a new operating model and key commercial initiatives designed to grow its brands and busin
Achieved net sales of $20.4 billion with better-than-anticipated organic sales growth and stronger cost, margin and earnings recovery in 2023 Company initiates financial outlook for 2024 reflecting continued momentum DALLAS, Jan. 24, 2024 /PRNewswire/ --Kimberly-Clark Corporation (NYSE:KMB) today reported fourth quarter and full-year 2023 results and provided its 2024 outlook. Comparisons are made versus the prior year period, unless otherwise noted. "We had a solid finish to 2023, delivering strong organic growth as well as cost and earnings recovery above our initial expectations," said Kimberly-Clark Chairman and CEO Mike Hsu. "Our fourth quarter results demonstrate topline momentum with
DALLAS, Jan. 24, 2024 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE:KMB) has declared an increased quarterly dividend of $1.22 per share, a level 3.4 percent higher than its previous regular quarterly payout. The dividend is payable on April 2, 2024, to stockholders of record as of March 8, 2024. This represents the 52nd consecutive year that the company has increased its dividend to shareholders. About Kimberly-Clark Kimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individu
DALLAS, Dec. 8, 2023 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) has determined it will hold its next annual shareholder meeting on Thursday, May 2, 2024. About Kimberly-ClarkKimberly-Clark (NYSE:KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions
8-K - KIMBERLY CLARK CORP (0000055785) (Filer)
10-Q - KIMBERLY CLARK CORP (0000055785) (Filer)
8-K - KIMBERLY CLARK CORP (0000055785) (Filer)
10-Q - KIMBERLY CLARK CORP (0000055785) (Filer)
8-K - KIMBERLY CLARK CORP (0000055785) (Filer)
11-K - KIMBERLY CLARK CORP (0000055785) (Filer)
SD - KIMBERLY CLARK CORP (0000055785) (Filer)
8-K - KIMBERLY CLARK CORP (0000055785) (Filer)
10-Q - KIMBERLY CLARK CORP (0000055785) (Filer)
8-K - KIMBERLY CLARK CORP (0000055785) (Filer)
TD Cowen initiated coverage of Kimberly-Clark with a rating of Buy and set a new price target of $161.00
Exane BNP Paribas initiated coverage of Kimberly-Clark with a rating of Neutral and set a new price target of $146.00
BofA Securities upgraded Kimberly-Clark from Underperform to Buy and set a new price target of $160.00 from $115.00 previously
RBC Capital Mkts upgraded Kimberly-Clark from Sector Perform to Outperform and set a new price target of $165.00 from $126.00 previously
Evercore ISI upgraded Kimberly-Clark from In-line to Outperform and set a new price target of $150.00 from $133.00 previously
Goldman resumed coverage of Kimberly-Clark with a rating of Buy and set a new price target of $135.00
BofA Securities downgraded Kimberly-Clark from Neutral to Underperform and set a new price target of $115.00 from $135.00 previously
Piper Sandler initiated coverage of Kimberly-Clark with a rating of Overweight and set a new price target of $146.00
Bernstein upgraded Kimberly-Clark from Underperform to Mkt Perform and set a new price target of $118.00 from $125.00 previously
HSBC Securities initiated coverage of Kimberly-Clark with a rating of Hold and set a new price target of $133.00
For every pack of Huggies® Diapers purchased at a Walgreens store or online at Walgreens.com through September, Huggies® will donate a day's worth of diapers to the National Diaper Bank Network, up to one million diapers. CHICAGO, Sept. 13, 2024 /PRNewswire/ -- For the eighth consecutive year, Kimberly-Clark's North American Huggies® Brand and Walgreens are coming together to raise awareness of diaper need in the United States, supporting those struggling with providing diapers for their children. One in two1 families in the U.S. experience diaper need and are unable to provide enough diapers to help keep their child's skin clean, dry and healthy. Now through September 30, 2024, Huggies® an
Robert Long to retire after 45 distinguished years in CPG DALLAS, July 16, 2024 /PRNewswire/ -- Kimberly-Clark (NYSE:KMB) today announced that Craig Slavtcheff has been appointed Chief Research and Development Officer, effective July 29. Slavtcheff will succeed Robert Long, who is retiring from the company after 45 years in the CPG industry, including the last three years at Kimberly-Clark. Slavtcheff is a seasoned executive with more than 30 years of R&D experience in the CPG industry. He most recently served as Executive Vice President, Chief R&D and Innovation Officer of Campbell Soup Company (NYSE:CPB), where he led the R&D function, including strategy, product development, and corporat
Accelerates alternative fiber strategies with new ambition to be 100% Natural Forest Free across product portfolio beyond 2030 Appoints Lisa Morden as Chief Sustainability Officer DALLAS, June 5, 2024 /PRNewswire/ -- Kimberly-Clark today published its annual sustainability report, including an update on the company's progress toward its 2030 sustainability goals and a new ambition to be 100% Natural Forest Free across its portfolio beyond 2030. Over the past decade, the company has made significant investments in developing more sustainable products as part of the company's in
Alison Lewis to Retire After 35 Years in Consumer-Packaged Goods DALLAS, May 15, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) announced that Patricia Corsi will join Kimberly-Clark as Chief Growth Officer, effective July 1, 2024. She succeeds Alison Lewis, who has decided to retire from the company after 35 years in the consumer products industry, including the last five years at Kimberly-Clark. Lewis will serve in an advisory role until September 1, 2024, to ensure a smooth transition. Corsi joins Kimberly-Clark from Bayer Consumer Health, where she served as Chief Marketing, IT and Digital Officer and led a broad set of brand and commercial teams and oversaw the IT and Digi
DALLAS, Jan. 30, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) announced the appointment of Grant McGee to senior vice president and general counsel, effective Feb. 1. He will report to Jeff Melucci, who is expanding his enterprise responsibilities as chief business and transformation officer. McGee will also become a member of Kimberly-Clark's executive leadership team. McGee rejoins Kimberly-Clark from American Airlines, where he served as vice president, deputy general counsel and corporate secretary. Before that, he served in various roles of increasing responsibility at Kimberly-Clark from 2015 to 2022. "We are fortunate that Grant is returning to Kimberly-Clark," said Cha
CHICAGO, Sept. 28, 2022 /PRNewswire/ -- Kimberly-Clark announced the appointment of Andrea Zahumensky to the role of President, Personal Care for its North America consumer business effective October 13, 2022. Zahumensky will lead the strategy and operations of the Personal Care division of Kimberly-Clark's North American consumer business, overseeing a portfolio of iconic brands including Huggies®, Pull-Ups® and GoodNites® within the Baby and Child Care business, and Poise®, Depend® and U by Kotex® within the Adult and Feminine Care business. She will report in through Kimb
DALLAS, Sept. 9, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) announced the appointment of Tamera Fenske to the role of Chief Supply Chain Officer, effective September 19, 2022. KMB) announced the appointment of Tamera Fenske to the role of Chief Supply Chain Officer, effective September 19, 2022. Fenske will have global responsibilities for procurement, manufacturing, logistics, transportation, safety, and sustainability, as well as the company's Global Nonwovens division." alt="Kimberly-Clark Corporation (NYSE:KMB) announced the appointment of Tamera Fenske to the role of Chief Supply Chain Officer, effective
DALLAS, July 28, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) announced the appointment of Zack Hicks in the newly created role of Chief Digital and Technology Officer, effective July 26, 2022. He is a member of the company's executive leadership team. This role reflects Kimberly-Clark's increasing focus on digital technology in building brands and creating differentiated capability for the company. Hicks joins the company after 26 years of leadership at Toyota Motors North America and Toyota Motor Sales, USA, where he held numerous positions of increasing respo
PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (Nasdaq: COLM), a global leader in designing, sourcing, marketing, and distributing outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products, today announced that its board of directors appointed John Culver to serve as a director and member of its Compensation Committee, effective January 5, 2021. Mr. Culver currently serves as Starbucks Corp. (Nasdaq: SBUX) group president of International, Channel Development and Global Coffee, Tea and Cocoa, and is a member of the Starbucks executive leadership team. He has responsibility for leading Starbucks retail growth and operations in 60 mar
Deutsche Bank analyst Steve Powers maintains Kimberly-Clark (NYSE:KMB) with a Hold and raises the price target from $139 to $142.
RBC Capital analyst Nik Modi reiterates Kimberly-Clark (NYSE:KMB) with a Outperform and maintains $165 price target.
Wells Fargo analyst Chris Carey maintains Kimberly-Clark (NYSE:KMB) with a Equal-Weight and lowers the price target from $138 to $134.
On Tuesday, Wall Street saw a mixed session, with small-cap stocks outperforming large caps as investors anticipated key earnings reports from Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla Inc. (NASDAQ:TSLA), set to be released after the close. The Russell 2000 index, as replicated by the iShares Russell 2000 ETF (NYSE:IWM), climbed 0.8%, while the tech-heavy Nasdaq 100 dipped 0.2%. This marked the ninth time in the last 10 sessions that small caps have outperformed tech stocks. The S&P 500 and the Dow Jones showed little movement. United Parcel Service Inc. (NYSE:UPS) stood out among the mega-cap stocks, plunging 14% after missing earnings and revenue estimates for the previous
Kimberly-Clark Corporation (NYSE:KMB) shares are trading lower following mixed second-quarter earnings. Kimberly-Clark reported quarterly adjusted earnings per share of $1.96 (+19%), beating the analyst consensus of $1.71. Quarterly revenues of $5.029 billion, missing the street view of $5.109 billion. Sales in the second quarter reflected a 2% decline from the previous year, influenced by a 5% currency translation impact and a 1% decrease due to the divestiture of the Tissue and K-C Professional business in Brazil in June 2023. Innovation-led volume gains, effective cost management, and productivity drove substantial EPS expansion. Also Read: Automotive Manufacturer Polaris S
The market mood turned jittery after Monday’s rebound, with index futures trading on either side of the unchanged line early Tuesday. The apprehensions reflect uncertainties regarding geopolitics, monetary policy, and the health of the reporting season ahead of earnings from AI stalwart Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and electric-vehicle giant Tesla, Inc. (NASDAQ:TSLA). The Google-parent’s earnings could be seen as a foretaste of what is to come from the rest of the AI-levered stocks. Earnings news has been mixed. The tidings on the economic front are scarce, with only a housing market report due for the day. That said, traders may choose to remain cautious ahead of some key
Reported Operating Profit and Reported Earnings Per Share are still expected to be negatively impacted by approximately 700 basis points from currency translation.
Reported Net Sales are still expected to be negatively impacted by 400 basis points of currency translation and 120 basis points from divestitures.
Kimberly-Clark (NYSE:KMB) reported quarterly earnings of $1.96 per share which beat the analyst consensus estimate of $1.71 by 14.62 percent. This is a 18.79 percent increase over earnings of $1.65 per share from the same period last year. The company reported quarterly sales of $5.029 billion which missed the analyst consensus estimate of $5.109 billion by 1.57 percent. This is a 2.05 percent decrease over sales of $5.134 billion the same period last year.