Kimberly-Clark (KMB) Misses Q4 EPS by 5c, Revenue Beats, Offers Guidance
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Kimberly-Clark Announces Year-End 2018 Results and 2019 Outlook and Introduces K-C Strategy 2022
January 23, 2019 7:30 AM ESTDALLAS, Jan. 23, 2019 /PRNewswire/ --Â Kimberly-Clark Corporation (NYSE: KMB) today reported year-end 2018 results, provided its 2019 outlook and introduced its K-C Strategy 2022 strategic plan.
Executive Summary
Fourth quarter 2018 net sales of $4.6 billion decreased 1 percent compared to the year-ago period. Changes in foreign currency exchange rates reduced sales by 4 percent while organic sales increased 3 percent. Full-year 2018 net sales of $18.5 billion rose 1 percent, including organic sales growth of 1 percent. Diluted net income per share for the fourth quarter was $1.18 in 2018 and $1.75 in 2017. Full-year diluted net income per share was $4.03 in 2018 and... More