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Kimberly-Clark Reports Rise in 3rd-Quarter Sales

October 24, 2023

Kimberly-Clark Corp., parent company of Kimberly-Clark Professional, reported third-quarter net sales of US$5.1 billion, an increase of 2% from a year ago.

Kimberly-Clark also reported a quarterly net income of $591 million, a 26% jump from $470 million for the same period last year. Net sales in the company’s Kimberly-Clark Professional segment rose 2% from the previous year to $854 million, while the personal care division saw sales increase 3% to $2.7 billion and its consumer tissue segment reported a 1% decrease in sales to $1.6 billion.

“We delivered another strong quarter, with organic growth across all segments and continued margin progress,” said Mike Hsu, Kimberly-Clark CEO. “I’m proud of how our teams around the world are executing our growth strategy. Our innovation and commercial capabilities continue to enhance the value proposition of our brands, while strong execution of our revenue growth management and ongoing productivity programs enabled us to restore gross margin to pre-pandemic levels.”

About Kimberly-Clark Professional
Kimberly-Clark Professional offers an array of hand hygiene and contamination-control products. Located in Roswell, Georgia, Kimberly-Clark Professional is one of Kimberly-Clark Corp.’s four business sectors. For more information, visit www.kcprofessional.com.