Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Kimberly-Clark’s Sales Increase - Nonwovens Industry
Financial, Nonwovens News

Kimberly-Clark’s Sales Increase

Sales up 2% to $5.2 billion in the first quarter

Kimberly-Clark’s first quarter sales of $5.2 billion increased 2%, with organic sales up 5%, driven by a 10% increase in price and favorable product mix from ongoing revenue growth management programs offset by a 5% decrease in volume. Changes in foreign currency exchange rates decreased sales by approximately 4%. On a combined two-year basis, organic growth increased 8%.

In North America, sales increased 5% over last year, including increases of 2% in Personal Care, 5% in Consumer Tissue and 12% in K-C Professional.

Outside North America, organic sales were up 4% in developing and emerging (D&E) markets and 10% in developed markets (Australia, South Korea and Western/Central Europe).

Personal Care sales of $2.7 billion decreased 1%, while organic sales increased 3%, driven by price and mix, partially offset by lower volume. Organic sales included a 1 percentage point impact from the exit of a private label contract. Successful revenue growth management and commercial execution contributed to favorable trends in net revenue realization and better-than-expected elasticities.

K-C Professional sales of $847 million increased 9%, including organic growth of 11%, driven by price and mix partially offset by volume. The segment posted organic growth across key categories and regions. Strong revenue growth management contributed to healthy top-line results.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters