Breaking News

Kimberly-Clark 4Q

March 9, 2006

Tissue and diaper maker Kimberly-Clark Corp., squeezed between rising costs for raw materials and relatively flat prices on store shelves, said that fourth-quarter earnings tumbled 17%. Fourth-quarter profit declined to $371.1 million. Sales edged up 3% to $4 billion, but fell short of analysts’ prediction of $4.07 billion.
Kimberly-Clark said costs rose $400 million in 2005, about twice as much as it had expected. Chairman and chief executive Thomas Falk said the company expects to face continued inflationary pressures but expects to save up to $250 million through various cost-cutting moves.

blog comments powered by Disqus
  • Start Stuffing The Ballot Box (Again)!

    Start Stuffing The Ballot Box (Again)!

    June 28, 2016
    Vote on the finalists in Happi's reader's choice Anti-Aging Product of the Year contest!

  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 27, 2016
    Euromonitor weighs in on how Brexit could impact consumer product companies.

  • The Future of Innovation

    The Future of Innovation

    Nancy Jeffries, Contributing Editor||June 27, 2016
    Fashion Institute of Technology graduate students tackle a far-reaching topic for their Capstone project.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.

  • Shiseido Advances in the US

    Shiseido Advances in the US

    Tom Branna, Editorial Director||June 1, 2016
    New facility in Windsor, NJ demonstrates its dedication to the US and other markets outside Japan.