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Kimberly-Clark(KMB) - 2023 Q2 - Earnings Call Transcript
2023-07-25 17:04
Kimberly-Clark Corporation (NYSE:KMB) Q2 2023 Earnings Conference Call July 25, 2023 8:30 AM ET Company Participants Christina Cheng - Investor Relations Michael Hsu - Chairman and Chief Executive Officer Nelson Urdaneta - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Javier Escalante - Evercore Chris Carey - Wells Fargo Dara Mohsenian - Morgan Stanley Nik Modi - RBC Capital Markets Anna Lizzul - Bank of America Andrea Teixeira - JPMorgan Jason English - Goldman Sachs Pete ...
Kimberly-Clark(KMB) - 2023 Q2 - Quarterly Report
2023-07-25 13:54
FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 1-225 KIMBERLY-CLARK CORPORATION (Exact name of registrant as specified in its charter) Delaware 39-0394230 (State or ...
Kimberly-Clark(KMB) - 2023 Q2 - Earnings Call Presentation
2023-07-25 12:52
2Q 2023 Earnings Conference Call There can be no assurance that these future events will occur as anticipated or that the company's results will be as estimated. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to publicly update them. For a description of certain factors that could cause the company's future results to differ from those expressed in any such forward-looking statements, see Item 1A entitled "Risk Factors" in the company's Annual Report on F ...
Annual Deutsche Bank Global Consumer Conference
2023-06-09 02:24
Deutsche Bank Global Consumer Conference June 6, 2023 Forward Looking Statements There can be no assurance that these future events will occur as anticipated or that the company's results will be as estimated. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to publicly update them. For a description of certain factors that could cause the company's future results to differ from those expressed in any such forward-looking statements, see Item 1A entitled "R ...
Kimberly-Clark Corporation (KMB) Management Presents at Deutsche Bank Global Consumer Conference (Transcript)
2023-06-06 17:04
Kimberly-Clark Corporation (NYSE: KMB) - Deutsche Bank Global Consumer Conference Summary Company Overview - Kimberly-Clark is a global leader in personal care and hygiene products, with offerings in baby and child care, feminine care, adult care, and consumer and professional tissue. Approximately one in four people in over 170 countries use their products daily [4][5][6]. Core Strategies and Goals - The company is guided by the purpose of "Better Care for a Better World," focusing on long-term value creation for shareholders through innovation, efficient supply chains, and community care [5][6]. - Kimberly-Clark aims to reduce its plastic and natural forest footprint by half, cut Scope 1 and Scope 2 emissions by half, and improve water use in water-stressed communities by half [5][6]. - The company seeks to advance the well-being of 1 billion people by improving access to essential products and clean water, and by championing the progress of women and girls [6]. Market Position and Financial Performance - Personal Care is the largest category, accounting for over half of total sales, with a market size of $100 billion. The company holds the number one or two market positions in over 80% of its global categories [8][9]. - First quarter net sales for 2023 were reported at $5.2 billion, a 2% increase year-over-year and a 5% increase on an organic basis. The company is confident in achieving organic growth of 2% to 4% for the year [16][18]. - The company has faced cumulative cost headwinds of $3.7 billion from 2021 to the end of 2023, but has made strong progress on margin recovery [17][18]. Innovation and Product Development - Kimberly-Clark has doubled the impact of innovation on overall Personal Care organic growth since 2020, with 90% of top projects scaled globally [13][14]. - The company is focused on elevating its product offerings beyond basic benefits to include health, wellness, and sustainability [10][11][12]. - Recent innovations include better materials for baby care products that enhance comfort and health [14][15]. Challenges and Market Outlook - Concerns exist regarding potential consumer weakness and pricing pressures as costs decrease. However, the company believes it can adapt quickly due to its revenue management capabilities [32][34]. - Long-term growth opportunities remain in emerging markets, where income levels are rising, and spending on personal care products is expected to increase [36][37]. Capital Allocation and Financial Discipline - Kimberly-Clark has a strong track record of cash flow generation, returning $22 billion in dividends and share repurchases over the last decade. The company has increased its dividend for 51 consecutive years [18][56]. - The company prioritizes investing in business growth, maintaining dividends, and assessing M&A opportunities while focusing on deleveraging to achieve a target of below 2 times EBITDA [58][59]. Conclusion - Kimberly-Clark is well-positioned to navigate near-term challenges while focusing on long-term growth through innovation, market expansion, and financial discipline. The leadership team is experienced in managing through economic cycles and is committed to delivering balanced and sustainable growth for shareholders [62][63].
Kimberly-Clark(KMB) - 2023 Q1 - Earnings Call Transcript
2023-04-25 15:57
Kimberly-Clark Corporation (NYSE:KMB) Q1 2023 Earnings Conference Call April 25, 2023 8:30 AM ET Company Participants Christina Cheng - IR Mike Hsu - Chairman and CEO Nelson Urdaneta - CFO Conference Call Participants Chris Carey - Wells Fargo Kevin Grundy - Jefferies Andrea Teixeira - JPMorgan Jason English - Goldman Sachs Lauren Lieberman - Barclays Javier Escalante - Evercore Steve Powers - Deutsche Bank Operator Good day, everyone, and welcome to the Kimberly-Clark First Quarter 2023 Earnings Call. At t ...
Kimberly-Clark(KMB) - 2023 Q1 - Quarterly Report
2023-04-25 14:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 1-225 KIMBERLY-CLARK CORPORATION (Exact name of registrant as specified in its charter) Delaware 39-0394230 (State ...
Kimberly-Clark(KMB) - 2022 Q4 - Annual Report
2023-02-09 15:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-225 KIMBERLY-CLARK CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (I.R.S. Employer ...
Kimberly-Clark(KMB) - 2022 Q4 - Earnings Call Transcript
2023-01-25 18:09
Kimberly-Clark Corporation (NYSE:KMB) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants Christina Cheng - Investor Relations Mike Hsu - Chairman and Chief Executive Officer Nelson Urdaneta - Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Chris Carey - Wells Fargo Steve Powers - Deutsche Bank Anna Lizzul - Bank of America Andrea Teixeira - JPMorgan Lauren Lieberman - Barclays Javier Escalante - Evercore Kevin Grundy - Jefferies Operator L ...
Kimberly-Clark(KMB) - 2022 Q3 - Earnings Call Transcript
2022-10-25 18:07
Kimberly-Clark Corporation (NYSE:KMB) Q3 2022 Earnings Conference Call October 25, 2022 10:00 AM ET Company Participants Brian Ezzell - VP Finance and Interim Head of Investor Relations Mike Hsu - Chairman & CEO Nelson Urdaneta - CFO Conference Call Participants Lauren Lieberman - Barclays Kevin Grundy - Jefferies Christopher Carey - Wells Fargo Steve Powers - Deutsche Bank Jason English - Goldman Sachs Andrea Teixeira - JPMorgan Anna Lizzul - Bank of America Javier Escalante - Evercore ISI Jonathan Feeney ...