Kimberly-Clark (KMB) Tops Q1 EPS by 9c; Reaffirms FY15 Outlook
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Kimberly-Clark Announces First Quarter 2015 Results
April 21, 2015 7:15 AM EDTDALLAS, April 21, 2015 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2015 results and confirmed its previous guidance for full-year 2015 adjusted earnings per share.
Executive Summary
First quarter 2015 net sales of $4.7 billion decreased 4 percent compared to the year-ago period, as changes in foreign currency exchange rates reduced sales 9 percent. Organic sales rose 5 percent, including an 11 percent increase in developing and emerging markets. Diluted net income per share for the first quarter was $1.27 in 2015 compared to diluted net income per... More