Kimberly targets further cost savings as a way to withstand competitive and inflationary headwinds.
Competition and intensifying inflationary headwinds hampered Kimberly-Clark’s second-quarter results, which included flat organic sales and a 270-basis-point erosion in adjusted gross margins to 33.4%. While lackluster sales trends have plagued firms across the industry the past several quarters, the rise in input costs (namely pulp), which are now expected to be around $675 million-$775 million versus $400 million-$550 million most recently and $300 million-$400 million initially, was more pron...Kimberly-Clark is principally engaged in the manufacturing and marketing of a range of products primarily made from natural or synthetic fibers using technologies in fibers, nonwovens and absorbency. The company is organized into three operating segments: Personal Care, which provides solutions and products such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, which provides facial and bathroom tissue, paper towels, napkins and related products; and K-C Professional, which provides a range of solutions and supporting products such as wipers, tissue, towels, apparel, soaps and sanitizers.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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