Company News, Financial News

Sales Slip 3% at Kimberly-Clark

Company lowers financial outlook for 2016.

  Kimberly-Clark Corporation reported third quarter 2016 results and updated its full-year 2016 outlook.   Chairman and Chief Executive Officer Thomas J. Falk said, “We experienced a more challenging economic and competitive environment in the third quarter. Nonetheless, our market share positions are broadly healthy. We achieved strong cost savings, improved margins and increased cash flow in the quarter. We also allocated capital in shareholder-friendly ways. Our focus remains on cont...

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