UPDATE: UBS Maintains Kimberly Clark (KMB) at Neutral, PT Raised to $140 (correction)
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KIMBERLY-CLARK ANNOUNCES FIRST QUARTER 2022 RESULTS
April 22, 2022 7:30 AM EDTDALLAS, April 22, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2022 results.
Executive Summary
First quarter 2022 net sales of $5.1 billion increased 7 percent compared to the year-ago period, including organic sales growth of 10 percent.Diluted net income per share for the first quarter was $1.55 in 2022 and $1.72 in 2021.First quarter adjusted earnings per share were $1.35 in 2022, down 25 percent compared to $1.80 in 2021. Adjusted earnings per share exclude certain items described later in... MoreCottonelle® announces new claims for flushable wipes reinforcing position as No. 1 septic-safe wipes brand1
April 21, 2022 8:17 AM EDTNew Cottonelle Flushable Wipes break down like toilet paper3
NEENAH, Wis., April 21, 2022 /PRNewswire/ -- Are flushable wipes actually flushable? That concern has become the leading barrier to Americans adopting flushable wipes into their bathroom routines. Category leader Cottonelle® wants consumers to know its flushable wipes have always been flushable, and the latest product improvement has enhanced the wipes flushability so they break down like toilet paper.3
"While the majority of Americans agree that using flushable wipes with dry toilet paper is worth it to feel the extra clean, only one-third feel comfortable flushing... More
