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Personal Care Down 2% at Kimberly-Clark

Second quarter financials lull, but wipes sales are on the rise.

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By: TOM BRANNA

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Kimberly-Clark Corporation reported that net sales in the second quarter of 2009 decreased 5.6% to $4.7 billion, according to the company. Operating profit dipped 6% to $609 million. Chairman and Chief Executive Officer Thomas J. Falk said, “Business conditions remained challenging in the second quarter, as the economic environment and weak foreign currency rates continued to impact our results. However, the underlying strength of our business performance was encouraging, as we were abl...

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