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Kimberly-Clark Announces Third Quarter 2015 Results

October 21, 2015 7:15 AM EDT

DALLAS, Oct. 21, 2015 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported third quarter 2015 results and updated its previous guidance for full-year 2015 organic sales growth and adjusted earnings per share.

Executive Summary

Third quarter 2015 net sales of $4.7 billion decreased 7 percent compared to the year-ago period, as changes in foreign currency exchange rates reduced sales 12 percent. Organic sales rose 5 percent, including a 10 percent increase in developing and emerging markets and a 7 percent improvement in personal care in North America. Diluted net income per share for the... More