Posted July 25, 2018

Kimberly-Clark sales edged up 1 percent 

Kimberly Clark reported second quarter 2018 net sales of $4.6 billion increased 1 percent compared to the year-ago period.

Changes in foreign currency exchange rates benefited sales by 1 percent. Organic sales were even year-on-year. Net income of $455 million, or $1.30 per diluted share, compared to $531 million, or $1.49 in last year's second quarter.

In the K-C Professional segment, sales of $0.9 billion increased more than 3 percent. 

Sales in North America increased 2 percent. Volumes were up 2 percent, with growth in all major product categories.

In January 2018, Kimberly-Clark initiated the 2018 Global Restructuring Program in order to reduce the company's structural cost base.