Kimberly-Clark (KMB) Reports In-Line Q1 EPS, Maintains FY Guidance

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Kimberly-Clark Announces First Quarter 2018 Results

April 23, 2018 7:30 AM EDT

DALLAS, April 23, 2018 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2018 results.

Executive Summary

First quarter 2018 net sales of $4.7 billion increased 5 percent compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by 3 percent. Organic sales rose 2 percent, including 3 percent growth in North American consumer products. Diluted net income per share for the first quarter of 2018 was $0.26, including significant charges related to the company's previously announced 2018 Global Restructuring Program. First quarter adjusted earnings per share were $1.71 in 2018, an... More