Financial News

Personal Care Sales Slip, Corporate Sales Rise In Kimberly-Clark’s Q2

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By: TOM BRANNA

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Kimberly-Clark Corporation reported second quarter 2013 results, updated a portion of its full-year planning assumptions and reconfirmed its previous guidance for full-year 2013 adjusted earnings per share.  Second quarter 2013 net sales rose 3% to $5.3 billion. Operating profit was up 6% to $796 million. In the personal care segment, sales decreased 1% to $2.4 billion. However, operating profit increased 6% to $432 million. Chairman and chief executive officer Thomas J. Falk said, “We delive...

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