Categories AlphaGraphs, Consumer, Earnings
Infographic: Highlights of Kimberly-Clark’s (KMB) Q2 2024 results
Consumer goods company Kimberly-Clark Corporation (NYSE: KMB) Tuesday reported a sharp increase in adjusted profit for the second quarter of 2024, despite a modest decrease in sales.
Net sales decreased 2% year-over-year to $5.03 billion in the June quarter as all three operating segments experienced weakness.
Net income attributable to Kimberly-Clark Corporation was $544 million or $1.61 per share in the second quarter, compared to $102 million or $0.30 per share in the prior-year quarter. On an adjusted basis, earnings increased 19% annually to $1.96 per share during the three months.
For fiscal 2024, the management expects organic net sales to grow at mid-single digit rate. Adjusted earnings per share is seen growing at a mid-to-high teens percentage rate on a constant-currency basis.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,
