Business
Kimberly-Clark Announces First Quarter 2025 Results and Updates 2025 Outlook
Results driven by strong in-market execution and effective cost management in dynamic operating environmentFull year outlook adjusted to reflect potential
About this update from Kimberly-clark Corporation
[{"type":"text","content":"Results driven by strong in-market execution and effective cost management in dynamic operating environmentFull year outlook adjusted to reflect potential incremental costs from a more uncertain geopolitical landscape \nDALLAS, April 22, 2025 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2025 results driven by resilient consumer demand, the introduction of pioneering innovative new products, and leveraging sustained productivity momentum.\n\n\"Building on the strong foundation we established in 2024, we made further progress across the three pillars of our Powering Care strategy in the first quarter of 2025,\" said Kimberly-Clark Chairman and CEO, Mike Hsu. \"Despite the evolving external landscape, our first quarter was consistent with our full-year plan.\" \nHsu continued, \"At the same time, the current environment will now mean greater costs across our global supply chain versus our expectations at the beginning of the year. However, we remain confident in our ability to offset these costs over time and unlock our long-term potential. Our strong productivity momentum is fueling investments to advance our competitive advantage and driving profitability. Our innovation across the good-better-best value spectrum is winning with consumers and enabling us to gain share. I am proud of the effort of our teams around the world. Their commitment has positioned Kimberly-Clark to usher in our next chapter of growth and continue to deliver Better Care for a Better World.\"\nQuarter Highlights\nNet sales of $4.8 billion were down 6.0 percent, driven primarily by impacts of currency and divestitures and business exits, with an organic sales decline of 1.6 percent versus the prior year.Reported gross margin was 35.8 percent; adjusted gross margin was 36.9 percent, down 20 basis points versus the prior year.Diluted earnings per share were $1.70; adjusted earnings per share were $1.93, down 4.0 percent versus prior year.First Quarter 2025 Results\nNet sales of $4.8 billion were 6.0 percent lower than the prior year, including negative impacts of approximately 2.4 percent from foreign currency translation and approximately 2.0 percent from a combination of the PPE divestiture and the exit of the company's private label diaper business in the US. Organic sales decreased 1.6 percent driven by a 1.5 percent ...