Kimberly-Clark's Q1 results surpassed expectations, featuring strong organic sales growth and a raised 2024 outlook.
Kimberly-Clark's Q1 results exceeded analysts' expectations, with EPS of $2.01 and revenue of $5.149B. Shares increased by 5.5% due to strong organic sales growth of 6%. The company raised its 2024 outlook, with an expected low-teens growth in adjusted EPS and operating profit on a constant-currency basis. CEO Mike Hsu attributed growth to innovations, productivity, and operational improvements.
April 23, 2024
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