Depend® has donated more than $1 million over the last five years to help fight the stigmas surrounding prostate cancer CHICAGO, Sept. 19, 2024 /PRNewswire/ -- One in eight men will be diagnosed with prostate cancer1, and many experience bladder leaks as a result. While this prevalent disease can have a 99.9% survival rate if detected early, many men avoid taking action because of the "taboos" surrounding the subject of screenings and side effects. Depend® is on a mission to demystify these topics and encou ...

For every pack of Huggies® Diapers purchased at a Walgreens store or online at Walgreens.com through September, Huggies® will donate a day's worth of diapers to the National Diaper Bank Network, up to one million diapers. CHICAGO, Sept. 13, 2024 /PRNewswire/ -- For the eighth consecutive year, Kimberly-Clark's North American Huggies® Brand and Walgreens are coming together to raise awareness of diaper need in the United States, supporting those struggling with providing diapers for their children. One in tw ...

Summary of Kimberly-Clark Corporation Conference Call Company Overview - **Company**: Kimberly-Clark Corporation (NYSE: KMB) - **Event**: Barclays 17th Annual Global Consumer Staples Conference - **Date**: September 4, 2024 Key Points Organizational Changes - The reorganization, termed "wire for growth," is progressing well with strong employee support, evidenced by high participation in calls (5,000-12,000 lines) [6][9][10] - Employees have shown a high approval rating (in the high 70s) for the new structure, which aims to balance local market focus with global capabilities [7][9] - The new structure differentiates between North America, focus markets, and enterprise markets, enhancing local agility while leveraging global scale [8][9] Supply Chain Strategy - The company is implementing a new global supply chain organization aimed at achieving $3 billion in gross productivity savings over the next five years [23][24] - Key strategies include value stream simplification, network optimization, and digital supply chain automation [24][25] - The goal is to improve gross margins to at least 40% and operating profit margins to 18-20% by the end of the decade [23] Market Growth Expectations - Categories are expected to revert to a growth rate of 2-3%, driven by volume and mix, after experiencing mid-single-digit growth due to inflationary pricing [31][32] - The company anticipates outpacing category growth through innovation and increased advertising investment [33][34] Innovation and R&D - The company is focused on enhancing R&D efficiency and coordination, with a new leader expected to streamline efforts [41][42] - There is an emphasis on both increasing the frequency of new product launches and ensuring impactful innovations [45] Advertising and Brand Support - Advertising spend has increased significantly, from 4.5% of sales in 2022 to 5.3% in 2023, with plans to reach around 7% in the second half of 2024 [46][48] - The company aims to improve storytelling and brand differentiation through targeted advertising strategies [51][52] Portfolio Management - The company is continuously assessing its portfolio, focusing on adding long-term accretive assets while exiting underperforming markets [56][58] - Recent divestitures include Brazil consumer tissue and KCP assets, reflecting a disciplined approach to portfolio management [54][56] Market Insights - The company remains optimistic about its investment in Indonesia, despite challenges faced during the COVID-19 pandemic [64][65] - The Indonesian market is projected to grow significantly, with volume turning positive recently [64] Additional Insights - The reorganization and supply chain strategies are expected to create a virtuous cycle of growth, enhancing both margins and reinvestment capabilities [34][38] - The focus on integrated margin management is a new operational rhythm for Kimberly-Clark, aimed at optimizing costs and expanding margins [26][27] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Kimberly-Clark's focus on growth, efficiency, and market responsiveness.

The 2024 Q2 earnings season is slowly winding down, with a vast majority of companies already delivering their quarterly releases. And throughout the period, several companies unlocked higher profitability amid margin expansion, including Deckers Outdoor (DECK) , Kimberly Clark (KMB) , and Walmart (WMT) . Let's take a closer look at each quarterly release. Deckers Outdoor Enjoys Brand Momentum Deckers Outdoor posted a strong quarter yet again, exceeding both earnings and revenue expectations handily and con ...

Kleenex's 100th Anniversary Initiative - Kleenex is celebrating its 100th anniversary by donating $500,000 in school supplies to assist educators and schools in low-income communities [1] - Consumers can nominate deserving schools for a chance to receive $100,000 in school supplies through DonorsChoose, with an additional 100 schools receiving $4,000 in DonorsChoose credits [1] - The initiative aims to support schools in providing basic needs for students to thrive in the classroom and beyond [2] Partnership with Jenna Bush Hager - Kleenex is partnering with Jenna Bush Hager, a former classroom teacher and reading specialist, to raise awareness about the importance of supporting students in educational spaces [3] - Jenna Bush Hager emphasizes the importance of classroom essentials for student growth and success, and is thrilled to collaborate with Kleenex on this initiative [4] Impact on Teachers and Schools - 94% of teachers spend their own money on classroom resources, averaging $610 per year, as school budgets decline [1] - Kleenex's donation aims to create environments where teachers can excel and students can thrive on their educational journeys [1] - Through its four-year partnership with DonorsChoose, Kleenex has donated over $4.5 million, funding 23,000 projects and benefiting over 13,000 schools [4] Corporate Commitment and History - Kleenex, a Kimberly-Clark brand, has been supporting people through life's moments for 100 years and is committed to providing quality products [5] - Kimberly-Clark's portfolio of brands holds No 1 or No 2 share positions in approximately 70 countries and is recognized for its ethical and innovative practices [6][7] About DonorsChoose - DonorsChoose is a leading crowdfunding platform for public schools, having supported nearly 3 million teacher requests with $1.6 billion in contributions since 2000 [8] - The platform is highly rated for transparency and accountability by Charity Navigator and GuideStar [8]

Price Target $145.67 While the name Kimberly-Clark may not be familiar to consumers, its brands are well known. Huggies, Poise, Kotex, and Depends lead the company's Personal Care brands. This segment saw the most promising growth in Q2 2024, with 8% YoY organic growth and 14% YoY operating profit growth. China and North America led volume growth. Focus markets experiencing volume growth include Australia, Brazil, and Indonesia. KMB Forms a Symmetrical Triangle Pattern The company reported Q2 2024 EPS of $1 ...

Financial Data and Key Metrics Changes - The company reported a significant margin and EPS beat in Q2 2024, with solid volume mix-driven gains contributing to the performance [15][20] - The adjusted effective tax rate for the full year is projected to be between 23% and 24%, compared to 22.3% in the first half [20] Business Line Data and Key Metrics Changes - In North America, the first half was flat on a weighted basis, with improvements noted in six of eight categories during Q2 [7] - Huggies in China saw a market share increase of 180 basis points, while Andrex in the UK increased by 350 basis points [7] - In South Korea, Huggies has gained over 800 basis points since 2019, with a 300 basis point increase in the quarter [7] - Brazil's market share improved by about 100 basis points, indicating progress in brand proposition [7] Market Data and Key Metrics Changes - The company experienced solid volume mix growth in key markets such as the U.S., China, and the U.K. [36] - The second half of the year is expected to grow at a similar pace to Q2, driven by volume and mix, while pricing will play a lesser role [37] Company Strategy and Development Direction - The company is focused on a "wiring for growth" initiative, implementing proven strategies systematically across its focus markets [8][9] - There is a strong emphasis on building brands through advertising and innovation, while also recognizing the importance of promotions in certain categories [22] - The company is making organizational design changes to enhance operational efficiency and effectiveness [25][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering durable growth and sustainable shareholder returns, despite acknowledging ongoing challenges in the macro environment [5][16] - The company is closely monitoring consumer sensitivity, particularly in mid to lower-income households, but remains optimistic about its robust product offerings [65] - The divestiture of personal protective equipment is expected to impact profits by around 180 basis points in the second half of the year [69] Other Important Information - The company is on track to deliver $3 billion in savings over the next five years through supply chain transformation and overhead reductions [56][57] - The company is investing approximately 7% of sales in brand spending in the second half, up from 6% in the first half [19] Q&A Session Summary Question: When will market share growth translate into material growth outside the US and China? - Management indicated that they have a proven playbook for growth and are implementing it systematically, expecting to see improvements as local conditions evolve [8] Question: Can you discuss the cadence of margins and EPS in the back half of the year? - Management noted that while they expect a lower absolute dollar productivity delivery in the second half, they remain focused on driving profit dollar growth margins [15][20] Question: What are the expectations for the North American pricing environment? - The pricing environment remains stable, with a focus on volume and mix-driven growth, while maintaining pricing net of input cost discipline [41][72] Question: Can you elaborate on the savings from the supply chain transformation? - The majority of savings will come from supply chain transformation strategies, including value stream simplification and overhead reductions [55][56] Question: How is the promotional environment affecting the tissue business? - Management acknowledged increased promotions in some categories but emphasized a focus on profitable growth rather than over-promotion [97] Question: What is the outlook for volume improvement in the tissue category? - Management expects positive volume growth over time, particularly in North America, as they shift emphasis to volume and mix-driven growth [98]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 KIMBERLY-CLARK CORPORATION (Exact name of registrant as specified in its charter) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchang ...

Kimberly-Clark (KMB) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this maker of consumer products such as Huggies diapers and Kleenex tissue would post earnings of $1.61 per share when it actually produced earnings of $2.01, delivering a ...

> Operating profit growth driven by strong productivity gains in current year and better balance of pricing relative to costs compared to prior year. | --- | --- | --- | --- | |-------|-------|--------------------------|-------| | | | | | | | | | | | | -2% | -1% | | | | Q2'24 | YTD'24 | | | | | | | | | +23% | +22% | | | | | Operating Profit Growth | | 1. Organic net sales describes the combined impact of changes in volume, mix and net price excluding prior year's impact of divestitures and business exits. 1 ...