Company Profile
Kimberly-Clark is a leading manufacturer of personal care (around half of sales) and tissue products (roughly one third of sales). Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
Kimberly-Clark (KMB) Q1 Earnings Miss Estimates, Decline Y/Y msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Price action over last quarter: down 2.48%
Company Overview
Kimberly-Clark is a leading manufacturer of personal care (around half of sales) and tissue products (roughly one third of sales). Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
The American multinational raised its dividend by 6.5% on Monday.
Kimberly announces a new £3.66 billion stock buyback programme.
Kimberly-Clark Corp. (NYSE: KMB) reported its financial results for the fiscal fourth quarter on Monday that topped analysts’ estimates for earnings and revenue. The company also raised its dividend by 6.5% on Monday and announced a new stock buyback programme valued at £3.66 billion.
Kimberly shares are currently about 4% up on the intraday chart. The stock is now trading at £101.50 per share after recovering from a low of £82.18 per share in the last week of March 2020 due to the ongoing COVID-19 crisis. If you want to invest in the stock market online, you will need a reliable stockbroker – here is a comparison of the top few to make selection easier for you.