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Executive Summary First quarter 2021 net sales of $4.7 billion decreased 5 percent compared to the year-ago period, including an organic sales decline of 8 percent. Diluted net income per share for the first quarter was $1.72 in 2021 and $1.92 in 2020. First quarter adjusted earnings per share were $1.80 in 2021 compared to $2.13 in 2020. Adjusted earnings per share exclude certain items described later in this news release. Diluted net income per share for 2021 is anticipated to be $6.65 to $7.15. The company is now targeting full-year 2021 organic sales growth of 0 to 1 percent and adjusted earnings per share of $7.30 to $7.55. The prior outlook was for organic sales growth of 1 to 2 percent and adjusted earnings per share of $7.75 to $8.00. The updated earnings outlook reflects significantly higher input cost inflation and lower sales volumes, partially offset by higher net selling prices and additional cost savings.

United statesSouth africaSouth koreaMike hsuKimberly clark corporationGlobal restructuring programChief executive officer mike hsuKc strategySoftex indonesiaNorth americanNorth americaOutside north americaFocused on reducing costs everywhereEastern europeCentral europeஒன்றுபட்டது மாநிலங்களில்