Kimberly-Clark (KMB) Tops Q1 EPS by 11c
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Kimberly-Clark Announces First Quarter 2019 Results
April 22, 2019 7:30 AM EDTDALLAS, April 22, 2019 /PRNewswire/ --Â Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2019 results.
Executive Summary
First quarter 2019 net sales of $4.6 billion decreased 2 percent compared to the year-ago period. Changes in foreign currency exchange rates reduced sales by 5 percent, while organic sales increased 3 percent including higher net selling prices of 4 percent. Diluted net income per share for the first quarter was $1.31 in 2019 and $0.26 in 2018. First quarter adjusted earnings per share were $1.66 in 2019 and $1.71 in 2018. Adjusted earnings per share exclude certain items described later in... More