Kimberly-Clark (KMB) Tops Q2 EPS by 5c, Updates FY EPS Guidance
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Kimberly-Clark Announces Second Quarter 2015 Results
July 23, 2015 7:30 AM EDTDALLAS, July 23, 2015 /PRNewswire/ --Â Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2015 results and narrowed its previous guidance for full-year 2015 adjusted earnings per share.
Executive Summary
Second quarter 2015 net sales of $4.6 billion decreased 6 percent compared to the year-ago period, as changes in foreign currency exchange rates reduced sales 10 percent. Organic sales rose 4 percent, including a 10 percent increase in developing and emerging markets. Diluted net income per share for the second quarter was a loss of $0.83 in 2015, driven by non-cash pension settlement charges, compared to... More