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Foreign currency impacts the numbers.
July 27, 2015
By: Melissa Meisel
Kimberly-Clark Corporation posted second quarter 2015 results and narrowed its previous guidance for full-year 2015 adjusted earnings per share. Second quarter 2015 net sales fell 6% to $4.6 billion, as changes in foreign currency exchange rates reduced sales. In personal care, sales also slipped 6% to $2.3 billion. Sales in North America decreased 2%—however, Huggies baby wipes volumes rose double digits, including benefits from innovation and market share gains. Volumes in adult care, child...
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