Kimberly-Clark Announces Second Quarter Results

Kimberly-Clark’s second quarter sales of $5.1 billion increased 1%, with organic sales up 5%, driven by a 9% increase in price and favorable product mix from ongoing revenue growth management programs, offset by a 3% decrease in volume. Changes in foreign currency exchange rates decreased sales by approximately 4%.

In North America, organic sales increased 6% over last year, including increases of 1% in Personal Care, 7% in Consumer Tissue and 17% in K-C Professional.

Outside North America, organic sales were up 6% in developing and emerging (D&E) markets and 4% in developed markets (Australia, South Korea and Western/Central Europe).

Personal Care sales of $2.7 billion decreased 1%, while organic sales increased 4%, driven by price and mix, partially offset by lower volume. Successful revenue growth management and commercial execution contributed to favorable trends in net revenue realization.