Kimberly-Clark Corporation (NASDAQ:KMB) is one of the stocks Jim Cramer shared insights on. Cramer said that the company is in the middle of a turnaround, as he stated: “Again, these are not really the growth stocks that I’m referring to. I’m talking about a company in the midst of a terrific turnaround, like Kimberly-Clark, also, within your 4% yield. Household brands, I like that. I like the restructuring that CEO Michael Hsu is engineering, even though he’s getting almost no, no, he’s getting no credit ...

PresentationMichael LaveryManaging Director & Senior Research Analyst All right. Well, thanks, everyone, for coming. It's -- welcome to, this is Piper's Fourth Annual Growth Frontiers Conference. It's our pleasure today to have Kimberly-Clark here with us. We've got Mike Hsu, the Chairman and CEO; Nelson Urdaneta, CFO; and Chris Jakubik, Head of IR. Mike's been CEO since 2019 and has driven an interesting evolution of Kimberly-Clark by reshaping the portfolio, a greater focus on premium, more value-added of ...

Kimberly-Clark (NYSE:KMB) FY Conference September 10, 2025 10:30 AM ET Company ParticipantsNelson Urdaneta - CFOMike Hsu - President & CEOConference Call ParticipantsMichael Lavery - MD & Senior Research AnalystMichael LaveryAll right, thanks everyone for coming. It's welcome to Piper Sandler's fourth annual Growth Frontiers Conference. It's our pleasure today to have Kimberly-Clark here with us. We've got Mike Hsu, the Chairman and CEO, Nelson Urdaneta, CFO, and Chris Jakubik, Head of Investor Relations. M ...

Core Viewpoint - The recent poor job numbers indicate a cooling economy, which increases the likelihood of substantial Federal Reserve rate cuts that are generally bullish for the market [1] Group 1 - Poor job numbers suggest a weakening economic environment [1] - Anticipation of significant Federal Reserve rate cuts due to economic conditions [1]

With a market cap of $43.1 billion, Kimberly-Clark Corporation (KMB) is a prominent consumer products company best known for its portfolio of personal care and tissue brands. Founded in 1872 and headquartered in Irving, Texas, the company operates in over 175 countries. Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Kimberly-Clark fits this criterion perfectly, exceeding the mark. It focuses on essential products tied to everyday consumer needs, giving it a rel ...

Group 1 - Kimberly-Clark's leadership team includes Mike Hsu as Chairman and CEO, Nelson Urdaneta as CFO, Russ Torres as President and COO, and Chris Jakubik as Head of Investor Relations [1] - The company is focusing on discussing progress against its strategic goals and the recent leadership changes, particularly Russ Torres's new role [2]

Financial Data and Key Metrics Changes - The company reported a 4% compound annual growth rate (CAGR) in net sales since 2021, with consistent volume and mix growth observed over the last couple of years [10] - Operating margin improved by 300 basis points over the past two years, while marketing spending increased by 33% [10] Business Line Data and Key Metrics Changes - The North American diaper business saw a significant shift towards premium products, with the premium segment increasing from 40% to over 70% [13] - E-commerce now accounts for more than 25% of consumer sales, with a strong performance in digital channels [9] Market Data and Key Metrics Changes - The global category growth rate in the second quarter was around 2%, with expectations to outpace this through innovation and premiumization [16] - The company is gaining or holding market share in seven of its eight consumer categories, particularly in personal care [10] Company Strategy and Development Direction - The company is transforming into a pure-play personal care and wellness company, focusing on higher growth and higher margin categories [5][42] - A new leadership appointment was made to accelerate transformation, with a focus on leveraging global expertise and proprietary technologies [6][11] Management's Comments on Operating Environment and Future Outlook - Management noted that consumers are under pressure, but the company is well-positioned to meet their needs through innovation and product performance [16] - The company expects to continue investing in innovation and marketing to drive growth, despite current economic challenges [16][39] Other Important Information - The company plans to increase capital expenditures to around 6% of net sales in the coming years to support supply chain transformation [28] - The advertising spend has doubled since 2018, with a current run rate of about 7% of sales, which management believes is appropriate for long-term growth [39] Q&A Session Summary Question: What is driving the positive volume mix growth? - Management indicated that consumers are willing to trade up for better-performing products, leading to significant premiumization in categories like diapers [13][15] Question: What are the key focus areas for the COO in the next year? - The COO emphasized the importance of performing while transforming, focusing on executing current strategies while laying the groundwork for future growth [40] Question: How does the company plan to manage productivity targets in light of recent changes? - The CFO confirmed that the company remains committed to its long-term productivity targets and is tracking ahead of its $3 billion gross productivity program [54]

Financial Data and Key Metrics Changes - The company reported a 4% compound annual growth rate (CAGR) in net sales since 2021, with consistent volume and mix growth observed over the last couple of years [10] - Operating margin improved by 300 basis points over the past two years while marketing spending increased by 33% [10] Business Line Data and Key Metrics Changes - The North American diaper business saw a significant shift towards premium products, with the premium segment increasing from 40% to over 70% [13] - E-commerce now accounts for more than 25% of consumer sales, with a strong share index compared to national averages [9] Market Data and Key Metrics Changes - The global category growth rate in the second quarter was around 2%, with expectations to outpace this through innovation and premiumization [16][18] - In China, the premium segment of the diaper market grew from 6% in 2019 to 42% [13] Company Strategy and Development Direction - The company is transforming into a pure-play personal care and wellness company, focusing on high-growth, high-margin categories [5][42] - A new leadership appointment aims to enhance the company's operational capabilities and drive growth [11] Management's Comments on Operating Environment and Future Outlook - Management noted that consumers are under pressure, but the company is well-positioned to meet their needs across all price tiers [16] - The company expects to continue investing in innovation and marketing to drive growth, despite a challenging consumer environment [16][39] Other Important Information - The company plans to increase capital expenditures to around 6% of net sales in the coming years to support supply chain transformation [28] - The joint venture with Suzano is expected to reduce earnings volatility related to fiber costs significantly [43] Q&A Session Summary Question: What is driving the positive volume mix growth? - Management highlighted that consumers are willing to trade up for better-performing products, leading to a significant shift towards premium offerings [12][13] Question: What are the key drivers of the current 2% category growth? - The focus on driving new benefits, innovation, and premiumization across all price tiers is essential for growth [18] Question: How is the company approaching innovation? - The company plans to accelerate the pace of innovation, focusing on both incremental and category-changing advancements [20] Question: What are the priorities for the new COO? - The COO emphasized the importance of performing while transforming, ensuring the company executes effectively while laying the groundwork for future growth [40] Question: How does the company view its advertising investment? - The company has doubled its advertising spend since 2018 and is focused on creating brand love through effective storytelling [39] Question: What is the outlook for earnings growth into 2026 and 2027? - The company expects ongoing operations to grow in line with its long-term algorithm, with specific adjustments for the joint venture's impact [56]

Financial Data and Key Metrics Changes - The company reported a 4% compound annual growth rate (CAGR) in net sales since 2021, with consistent volume and mix growth observed over the last couple of years [10] - Operating margin improved by 300 basis points over the past two years while marketing spending increased by 33% [10] Business Line Data and Key Metrics Changes - The North American diaper business saw a significant shift towards premium products, with the premium segment increasing from 40% to over 70% [13] - E-commerce now accounts for more than 25% of consumer sales, with a strong share index compared to national averages [9] Market Data and Key Metrics Changes - The company experienced a 2% weighted average category growth rate globally in the second quarter [16] - In developed markets, there is a notable shift towards premiumization, with significant growth in premium segments in various regions, including China [13] Company Strategy and Development Direction - The company is transforming into a pure-play personal care and wellness company, focusing on high-growth, high-margin categories [5] - A multi-year pipeline of proprietary innovation is being developed to expand categories and meet consumer needs [5] Management's Comments on Operating Environment and Future Outlook - Management noted that consumers are under pressure, and there is no immediate catalyst for change in the near term [16] - The strategy of cascading innovation across all tiers is driving growth, with a focus on meeting consumer needs at every price point [15] Other Important Information - The company plans to increase capital expenditures to around 6% of net sales in the coming years to support supply chain transformation [28] - The advertising spend has doubled since 2018, with a projected ongoing run rate of about 7% of sales [39] Q&A Session Summary Question: What is driving the positive volume mix growth? - Management highlighted that consumers are willing to trade up for better-performing products, leading to significant shifts towards premium offerings [12][13] Question: What are the drivers of the current 2% category growth? - The focus on driving new benefits, innovation, and premiumization across all price tiers is essential for growth [18] Question: How is the company approaching innovation? - The company is committed to both an accelerated pace of innovation and significant improvements in product performance [20][21] Question: What are the top priorities for the new COO? - The focus is on performing while transforming, ensuring the organization is set up for future success while executing current strategies [40] Question: How does the company view its portfolio changes? - The company aims to focus on higher growth, higher margin categories and reduce earnings volatility associated with fiber costs [42][43] Question: What is the outlook for advertising investment? - The company has increased advertising investment significantly and plans to continue this trend to enhance brand storytelling and consumer connection [30][39]

Opening Remarks Barclays Global Consumer Staples Forum 2025 September 3, 2025 Forward-Looking Statements Certain matters contained in this presentation concerning the business outlook, including raw material, energy and other input costs, our plans and expectations regarding the pending International Family Care and Professional ("IFP") joint venture transaction with Suzano ("IFP Transaction"), the anticipated charges and savings from the 2024 Transformation Initiative, cash flow and uses of cash, growth in ...