Breaking News

Kimberly-Clark

September 8, 2006

Kimberly-Clark Corp.’s second quarter profit fell due to restructuring charges that cost cuts, but higher prices and growth in Mexico should offset rising costs for materials used in products such as its Kleenex tissues and Huggies diapers. The company reported earnings of $378 million in the quarter ended June 30. Revenue was 4.16 billion.
Kimberly-Clark now expects such costs to rise $300 million to $350 million this year, up from its prior assumption of $250 million.
The company, which also makes Scott paper towels and Kotex feminine care items, has raised prices to help counter the impact of higher costs for materials and distribution. It now expects pricing to be up about 1% to 2% this year, up from an original assumption of a 1% rise.

blog comments powered by Disqus
  • Kitchen Counter Cosmetics

    Kitchen Counter Cosmetics

    Christine Esposito, Associate Editor||May 2, 2016
    LOLI box marks the convergence of natural and organic ingredients, subscription service and DIY cosmetic chemistry.

  • What’s New at La Prairie?

    What’s New at La Prairie?

    Melissa Meisel, Associate Editor||April 25, 2016
    VP of marketing shares the latest buzz with Happi.

  • Mapping Out Multicultural Beauty

    Mapping Out Multicultural Beauty

    April 25, 2016
    Agnieszka Saintemarie of Kline Group about current trends and challenges in multicultural beauty.

  • Erasing the Signs of Aging

    Pauline Rouaud-Tinguely, David Boudier, Sylvain Mazalrey, Jenny Laumonier, Isabelle Cruz, Gu00e9raldine Bon, Karine Perrinet, Bu00e9ranger Tassy, Brigitte Closs, Silab R&D, Saint-Viance, France||May 2, 2016
    Silab researchers explain how by acting on the endogenous hyaluronic acid pathway.

  • I Want It All

    I Want It All

    Melissa Meisel , Associate Editor||May 2, 2016
    Skin care moves beyond the basics with pampering formulations with unique components and novel functions.

  • Wacker Builds on Its Success

    Wacker Builds on Its Success

    Tom Branna, Editorial Director ||May 2, 2016
    The silicone maker had a good 2015 and expects the gains to continue in 2016, driven, in part, by success in the Americas and