Q1 Sales Fall at K-C

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By: TOM BRANNA

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Kimberly-Clark Corporation reported first quarter 2016 net sales fell 5% to  $4.5 billion.  “We continue to execute our global business plan strategies for long-term success and we are confirming our previous top- and bottom-line outlook for 2016,” said chairman and CEO Thomas J. Falk. “In the first quarter, organic sales grew more than 2% and our adjusted operating profit margin improved by 90 basis points. We achieved $110 million of total cost savings from our FORCE program and 2014 organi...

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