
Kimberly-Clark, known for brands such as Scott toilet paper and Huggies diapers, reported quarterly sales that exceeded estimates. However, the company's stock experienced a decline as its profit fell short of consensus expectations. Despite an overall positive outlook and increased volume in non-food staples, the strength of the U.S. dollar is expected to negatively impact earnings per share. Additionally, the company's earnings call highlighted strong performance in the baby care segment, which aligns with trends observed in recent earnings from Procter & Gamble. Overall, Kimberly-Clark's stock faced pressure following the profit miss and a reported sales decline.


Kimberly-Clark falls after profit miss, sales decline https://t.co/zwCQ0Y1Tzf
Kimberly-Clark (owner of Huggies/Pullups/Depends brands) earnings had a nice call-out on baby care....this and the P&G earnings are supportive of $MAGN https://t.co/44keoNYkiB
Solid Q & outlook from Kimberly Clark with volume up. Non-food staples holding up much better than food with still low consumer elasticity. But in what’s likely to be a feature of US MNC reporting, $ strength will hit eps pretty hard. $KMB $XLP $XLP $PG $KO $PM https://t.co/w57tXuCiU1