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Kimberly-Clark’s 2024 Results Showcase Growth and Transformation
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Kimberly-Clark’s 2024 Results Showcase Growth and Transformation

Kimberly Clark ( (KMB) ) has released its Q4 earnings. Here is a breakdown of the information Kimberly Clark presented to its investors.

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Kimberly-Clark Corporation is a leading global provider of essential personal care and consumer tissue products, known for its popular brands such as Huggies, Kleenex, and Scott. The company operates in the consumer goods sector, focusing on sustainable practices and innovative product development to meet the essential needs of people worldwide.

In its latest earnings report for 2024, Kimberly-Clark has demonstrated solid performance amid its ongoing transformation strategy, ‘Powering Care.’ The company reported results that surpassed its long-term growth targets, driven by innovation-led growth, improved product mix, and significant efficiency gains. These successes have enabled the company to reinvest in its brands and capabilities, promising attractive returns for shareholders.

Key financial highlights include a slight decline in net sales to $4.9 billion for the fourth quarter, with a 2.3% increase in organic sales. Adjusted gross margin improved to 35.4%, supported by strong productivity savings. Adjusted operating profit rose by 2.1% to $684 million, despite challenges from foreign currency impacts and divestitures. For the full year, adjusted earnings per share increased by 11.1%, reflecting robust growth in adjusted operating profit and strategic reinvestments.

The company continues to focus on strategic initiatives such as the divestiture of non-core businesses and enhancing its competitive edge through innovation and efficiency. Its North American segment showed steady growth, while international segments benefitted from pricing gains in hyperinflationary economies and productivity savings.

Looking ahead to 2025, Kimberly-Clark remains optimistic about sustaining organic growth and operating momentum. The company expects to continue outperforming category growth rates, despite potential headwinds from currency translation and business exits. The management is committed to building on its transformation achievements to enhance value for shareholders and stakeholders alike.

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