Kimberly-Clark (KMB) Tops Q2 EPS by 2c; Lowers Outlook
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Kimberly-Clark Announces Second Quarter 2018 Results
July 24, 2018 7:30 AM EDTDALLAS, July 24, 2018 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2018 results.
Executive Summary
Second quarter 2018 net sales of $4.6 billion increased 1 percent compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by 1 percent while organic sales were even year-on-year. Diluted net income per share for the second quarter of 2018 was $1.30. Second quarter adjusted earnings per share were $1.59 in 2018, an increase of 7 percent compared to diluted net income per share of $1.49 in 2017. Adjusted earnings per share exclude certain items... More