Kimberly-Clark (KMB) Tops Q4 EPS by 8c, Offers FY21 Guidance

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Kimberly-Clark Announces Year-End 2020 Results And 2021 Outlook

January 25, 2021 7:30 AM EST

DALLAS, Jan. 25, 2021 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported year-end 2020 results and provided its 2021 outlook.

Executive Summary

Fourth quarter 2020 net sales of $4.8 billion increased 6 percent compared to the year-ago period, including organic sales growth of 5 percent.  Full-year 2020 net sales of $19.1 billion increased 4 percent, with organic sales up 6 percent. Diluted net income per share for the fourth quarter was $1.58 in 2020 and $1.59 in 2019.  Full-year diluted net income per share was $6.87 in 2020 and $6.24 in 2019. Fourth quarter adjusted earnings per share were $1.69 in 2020 compared to $1.71 in 2019. ... More