Kimberly-Clark reports a 19% Q2 2024 adjusted EPS increase, driven by higher prices and volume/mix gains, with organic sales up 4%.
Kimberly-Clark, the maker of Kleenex tissues and Huggies diapers, reported a 19% increase in adjusted earnings per share (EPS) in its Q2 2024 results, driven by higher prices and volume/mix gains. Net sales were $5.0 billion, down 2% YoY, but organic sales grew by 4%. The company's strong first half performance has led to an increased 2024 earnings outlook, with full-year EPS growth expected in the mid-to-high teens percentage range.
July 23, 2024
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