Client items firm Kimberly-Clark Company (NYSE: KMB) Tuesday reported a pointy improve in adjusted revenue for the second quarter of 2024, regardless of a modest lower in gross sales.
Internet gross sales decreased 2% year-over-year to $5.03 billion within the June quarter as all three working segments skilled weak spot.
Internet earnings attributable to Kimberly-Clark Company was $544 million or $1.61 per share within the second quarter, in comparison with $102 million or $0.30 per share within the prior-year quarter. On an adjusted foundation, earnings elevated 19% yearly to $1.96 per share in the course of the three months.
For fiscal 2024, the administration expects natural internet gross sales to develop at mid-single digit price. Adjusted earnings per share is seen rising at a mid-to-high teenagers share price on a constant-currency foundation.
