Kimberly-Clark sales remain flat
Kimberly-Clark Corporation said its second quarter 2019 net sales of $4.6 billion were even with the year-ago period.
Organic sales increased 5 percent while changes in foreign currency exchange rates reduced sales by 5 percent.
Net income of $485 million, or $1.40 per diluted share, compared to $455 million, or $1.30, in the same period last year.
In the K-C Professional segment, second quarter sales of $0.8 billion decreased 5 percent. Changes in currency rates reduced sales by 4 percent and business exits in conjunction with the 2018 Global Restructuring Program reduced sales 2 percent.
Sales in North America were even year-on-year. Net selling prices increased 2 percent while business exits in conjunction with the 2018 Global Restructuring Program reduced sales 2 percent.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
