Kimberly-Clark’s Surging Volume Shows Signs of Consumer Rebound
Photographer: Daniel Acker/Bloomberg
Kleenex-owner Kimberly-Clark Corp. is making inroads with cost-conscious US consumers, as lower-priced household goods items and surging volume helped it beat second-quarter earnings expectations.
The company raised its full-year guidance after reporting the strongest volume growth in five years, backed by the introduction of new products that appealed to buyers caught in the economic uncertainty of recent years.