Exhibit 99.1 DALLAS, July 23, 2024 - Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period. Quarter Highlights • Diluted earnings per share were $1.61; adjusted earnings per share were $1.96, up 19 percent versus prior year including a $0.12 year-on-year headwind from currency translation. ...

DALLAS, July 23, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period. "We have a strong foundation that we can leverage to accelerate investments across the enterprise. Our focus is to deliver highquality consumer solutions at every price point, increase our operation ...

Kimberly-Clark: Company of Brands Cash and Equivalents $853 million Total Current Assets $5.6 billion Total Assets $17.1 billion Total Current Liabilities $6.9 billion Long-Term Debt $7.1 billion Total Shareholder Equity $1.18 billion (Source: Most recent 10-Q from SEC) Here we see that the premium to book value this company is trading at is very dear, with the price/book ratio standing at over 40. The brands of the company are hugely valuable, of course, but it is difficult to justify a premium quite this ...

Loading... The company said it will issue its second quarter 2024 results on Tuesday, July 23. However, Wolfmeyer highlights that this isn't about optimistic expectations for exceeding targets. It's about investors gaining confidence in management's execution and Kimberly-Clark's resilience amid a volatile economic environment. The analyst's data shows that volumes picked back up toward the end of the quarter. The analyst sees the current 0.5% sales decline when considering pricing dynamics. For the stock t ...

Kimberly-Clark Today Add to Watchlist Get Kimberly-Clark alerts: Analysts Raise Estimates for Margin Widening Kimberly Clark Kimberly-Clark Dividend Payments Dividend Increase Track Record 53 Years Kimberly-Clark NYSE: KMB proved worthy of the Dividend King title in the last two years. The company struggled with volume declines and sluggish performance that caused analysts to cut sentiment, curb price targets, and cap the market for its stock. Fast forward to today, and the story has changed. Analysts are w ...

Kimberly-Clark Corporation (KMB) is benefiting from the effective implementation of revenue growth management strategies. The company is progressing with its long-term strategy aimed at achieving sustainable growth by leveraging its strengths and sharpening its strategic focus. Management anticipates fiscal 2024 organic net sales to increase in mid-single-digit percentage. The annual adjusted operating profit is projected to grow at a low-teens percentage rate at a constant-currency (cc) basis. Adjusted ear ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Kimberly-Clark (KMB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Kimberly-Clark is one of 192 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #4 in the Zack ...

Over in the options pits, calls are running at triple the intraday average volume. The June 140 call is the most popular, with new positions opening at the weekly 6/14 140-strike call. At last glance, KMB was up 2.5% to trade at $138.63. The 40-day moving average caught this week's pullback, with the shares now nearing their late April peak. The equity is up more than 14% so far this year. Kimberly-Clark Corp (NYSE:KMB) received a double-upgrade from BofA Global Research before the bell this morning. The fi ...

Kimberly-Clark Corporation (KMB) appears well-placed due to its focus on innovation, consumer-centric approach and strategic investments in product development, which have been leading to successful launches and market expansion. These upsides, along with savings initiatives and a focus on revenue growth management, have been working well for the company. This Zacks Rank #2 (Buy) company's shares have risen 11.4% year to date against the industry's decline of 3.1%. Let's discuss in detail all the factors na ...

Company and Industry Overview * **Company**: Kimberly-Clark Corporation (NYSE: KMB) * **Industry**: Consumer Staples, specifically in baby and childcare, feminine care, adult care, family care, and professional categories. * **Market Size**: Addressable market of approximately $240 billion across these categories. * **Key Brands**: 12 powerhouse brands with number one or strong number two positions, driving more than 80% of overall net sales. Six brands generate $1 billion or more in annual retail sales. Core Strategies and Initiatives * **Elevate and Expand**: Focus on elevating and expanding categories through innovation, premiumization, and addressing unmet consumer needs. * **Innovation**: Invest in material invention, product engineering, and manufacturing process development to solve unmet consumer needs and drive differentiation. * **Sustainability**: Commitment to responsible sourcing, supply chain efficiency, and product and materials innovation to reduce plastic and forest footprints, water consumption, and climate-related emissions. * **Optimize Margin Structure**: Modernize supply chain to generate more than $3 billion in gross productivity and approximately $500 million in working capital savings. * **Wiring Organization for Growth**: Reorganize operating structure to enable greater connectivity and improve speed-to-market for future product and commercial initiatives. Key Initiatives and Developments * **Category Shaping Technologies**: Develop new products and solutions to address unmet consumer needs in areas like leak protection, comfort, skin health, and sustainability. * **Premiumization**: Shift focus from value tier to premium tier in key markets like North America and China. * **Supply Chain Optimization**: Implement value stream simplification, network optimization, and digital automation to reduce costs and improve efficiency. * **Organizational Redesign**: Reorganize into three focused business segments to improve connectivity, enhance scale, and drive growth. Financial Outlook * **Growth**: Target organic net sales growth that leads market growth, mid to high single-digit growth in operating profit and EPS on a constant currency basis, and $2 billion or more of free cash flow per year. * **Dividends and Share Repurchases**: Continue growing dividend and repurchase shares with an aspiration to deliver consistent double-digit total returns to shareholders. Key Takeaways * **Strong Brand Portfolio**: Kimberly-Clark has a strong portfolio of brands with significant market share and growth potential. * **Focus on Innovation**: Continuous investment in innovation to drive differentiation and address unmet consumer needs. * **Commitment to Sustainability**: Strong commitment to sustainability and responsible business practices. * **Efficient Supply Chain**: Focus on optimizing the supply chain to reduce costs and improve efficiency. * **Strong Financial Position**: Strong financial position with a focus on delivering consistent growth and returns to shareholders.