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News Summary

Kimberly-Clark Corp., renowned for its Kleenex brand, recently shared its second-quarter earnings, revealing a 5% volume growth despite a 1.6% decrease in net sales. The overall results stem from strategic moves, including a significant stake sale in its international tissue business and a focus on optimizing U.S. operations. With the company raising its full-year guidance and partnerships, including one with a Brazilian pulp producer, Kimberly-Clark is setting the stage for future growth amid challenging market dynamics.

Irving, Texas: Kimberly-Clark’s Financial Roller Coaster Ride

In a recent twist in the business world, Kimberly-Clark Corp., a household name thanks to its Kleenex brand, shared the results from its second-quarter earnings report on August 1. Despite some bumps on the road, there’s a lot to talk about, and that’s putting it lightly!

Volume Growth Turns Heads

Let’s kick things off with the good news—Kimberly-Clark saw a whopping 5% volume growth in this quarter, marking the highest level the company has achieved in five years! If you’re wondering what this means, it simply shows that more folks are buying their products. Organic sales also rose, hitting a solid 3.9%. Sounds promising, right?

Sales Figures Paint a Mixed Picture

$4.2 billion, but this figure is down 1.6% compared to the same time last year. CEO Michael Hsu shed some light on this decline, indicating that it stems from the sale of a significant stake in the international Kleenex business and rising costs related to tariffs. While this may sound a bit grim, the company has now raised its full-year guidance. Exciting news for market watchers!

A Major Business Shift

majority stake in its international tissue business for a hefty $3.4 billion. This has naturally changed the dynamics of their earnings report, and it seems they’re focusing on optimizing their operations.

Staying Strong in the U.S.

restructuring initiative aimed at reducing costs and honing in on more profitable segments, particularly in their North American operations.

Exciting Future Ventures

51% stake in Kimberly-Clark’s joint venture for approximately $1.7 billion in cash. This joint venture is no small player, generating about $500 million in earnings before interest, tax, depreciation, and amortization and bringing in net sales of $3.3 billion in 2024!

The Big Picture

Final Thoughts

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STAFF HERE DALLAS WRITER
Author: STAFF HERE DALLAS WRITER

The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.