Kimberly-Clark (KMB) Tops Q1 EPS by 2c; Maintains Outlook

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Kimberly-Clark Announces First Quarter 2017 Results

April 24, 2017 7:30 AM EDT

DALLAS, April 24, 2017 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2017 results and confirmed its previous guidance for full-year 2017 earnings per share.

Executive Summary

First quarter 2017 net sales of $4.5 billion were even with the prior year. Changes in foreign currency exchange rates increased sales by 1 percent, while organic sales decreased 1 percent. Organic sales were down 3 percent in North American consumer products, reflecting category softness, competitive activity and less promotion shipments. Organic sales increased 4... More