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March 4, 2015
By: TOM BRANNA
Editor
Continued fluctuations in Venezuela’s currency exchange rate contributed to Q4 losses for Kimberly-Clark Corp. “While we expect significant currency headwinds, we remain optimistic about our future and our prospects to generate attractive returns to shareholders,” CEO Tom Falk said. Net income fell 29% to $1.5 billion for the year. The company reported a 1.4% dip in revenue during the quarter, coming in at $4.3 billion. For the year, however, revenue rose 1% to $19.7 billion. “Although th...
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