Kimberly-Clark 4Q Profit Falls Amid Higher Costs
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Kimberly-Clark Expects Growth in 2022 Despite Inflation, Supply-Chain Challenges
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Kimberly-Clark 3Q Earnings Squeezed By Higher Input Costs
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Provided by Dow Jones By Matt Grossman Kimberly-Clark Corp. Friday posted lower revenue and profit figures in the latest quarter as volumes retreated compared with an intense period of consumer stocking-up a year ago during the onset of the Covid-19 pandemic. The Irving, Texas-based producer of paper and fiber products logged first-quarter earnings of $1.72 a share, a decline from $1.92 a share in the same three-month period a year earlier. Net income attributable to the company was $584 million, compared with $660 million in last year s first quarter. Kimberly-Clark s adjusted earnings were $1.80 a share. Analysts surveyed by FactSet had forecast adjusted earnings of $1.93 a share.