What factors drove the changes in Kimberly-Clark's revenue and profit?

What guidance did Kimberly-Clark's management provide for the next earnings period?

What is Kimberly-Clark's gross profit margin?

What is the market's earnings forecast for Kimberly-Clark next quarter?

What does Kimberly-Clark do and what are its main business segments?

What is Kimberly-Clark's latest dividend and current dividend yield?

What is the revenue and EPS growth rate for Kimberly-Clark year over year?

What were the key takeaways from Kimberly-Clark's earnings call?

- **Strategic Growth Engine**: Powering Care drives 8 straight quarters of volume plus mix growth, with 2026 innovation pipeline poised for record impact.
- **Financial Resilience**: 2025 productivity offset $200M input costs; 2026 targets 6%+ COGS savings and organic sales ahead of 2% category growth.
- **Acquisition Catalyst**: Kenvue close expected H2 2026, with integration plans to accelerate into higher-margin health & wellness.
- **Key Risks**: 60bps headwind from club channel loss, but 2026 innovation to drive premiumization and offset mix shifts.

**【CEO Summary Section】**
- **Powering Care Strategy Success**: Achieved 8 consecutive quarters of volume plus mix growth, with Q4 2025 enterprise-weighted share gain and industry-leading productivity. Innovation across price tiers (good, better, best) is driving consumer engagement.
- **Innovation Momentum**: 2026 innovation pipeline is strongest in 3 years, with examples like Snug & Dry diapers and Generation 2 core technology. Global share gains in key markets (China +210bps, Brazil +50bps).
- **Kenvue Acquisition Update**: Shareholder vote on January 29 expected to pass; regulatory filings complete, targeting H2 2026 close. Integration plans focus on creating a global health and wellness leader.

**【CFO Financial Commentary】**
- **2025 Financials**: GAAP net income $420M, Non-GAAP EPS $1.08. Productivity improved 6% of COGS, offsetting $200M input cost headwinds. Gross margin target of 40%+ by 2030 remains on track despite 2025 softness.
- **2026 Outlook**: Organic sales growth ahead of 2% global category (North America and IPC to outperform). EBIT growth mid-single to high-single digits, with 6%+ productivity and disciplined SG&A savings.
- **Distribution Impact**: 60bps headwind from North America club channel loss, partially offset by innovation-driven growth.

**【Q&A Highlights】**
- **Consumer Trends**: Focus on value persists, but consumers seek superior performance at all price points. 2026 innovation pipeline includes sensorial trials and channel-optimized pack sizes.
- **Pricing Dynamics**: 2025 pricing deceleration due to strategic investments in value tiers and club channel mix shifts. 2026 pricing strategy emphasizes premiumization and trade-up benefits.
- **Kenvue Synergies**: Stand-alone margin targets (40%+ gross, 18-20% OP) achievable through productivity and innovation. Kenvue integration to enhance growth in higher-margin personal care categories.


Kimberly-Clark Corporation (KMB) Q4 2025 Earnings Call Transcript

- **Sustained Growth Momentum**: 7 consecutive quarters of volume/mix growth driven by innovation, with U.S. diaper share +90bps YTD.
- **Margin Expansion Path**: Gross margin improving in Q4, targeting ≥40% by end-decade; operating margin 18-20% with tariff mitigation progress.
- **Strategic Moves**: Club channel growth (+10% YTD) and premiumization (70% of U.S. diaper sales in premium tiers) offsetting mix headwinds.
- **Risk Mitigation**: $70M tariff reduction in Q3, with full mitigation by end-2026; Brazilian eucalyptus exclusion reducing fiber volatility.
- **Innovation Edge**: Differentiating with superior technology (e.g., Generation 2 core) and cascading innovation across tiers.


**【CEO Summary Section】**
- Kimberly-Clark achieved 7 consecutive quarters of volume plus mix-led growth, driven by innovation across the 'good, better, best' spectrum.
- Maintained global market share despite competitive promotion activity, with Q3 diaper share up 10 basis points and 90 basis points year-to-date.
- Delivered operating margin expansion and industry-leading productivity, supporting reinvestment and profitable growth.
- Promoted Russell Torres to President & COO to accelerate transformation.

**【CFO Financial Commentary】**
- Targeting gross margin ≥40% and operating profit margin 18-20% by end of decade, with progress on tariff mitigation ($70M reduction in Q3).
- Q4 gross margin expected to improve as supply chain investments and tariff mitigations materialize.
- 2025 organic sales growth expected to align with category growth (~2%), with reinvestment in innovation and brand building.

**【Q&A Key Highlights】**
- **U.S. Diaper Market Dynamics**: 
  - Competitive promotion activity navigated effectively; innovation (e.g., HuggFit 360, Snug & Dry) driving trial and share gains.
  - Club channel growth (+10% year-to-date) and premiumization (70% of North America diaper sales in premium tiers) offsetting mix headwinds.
  - Promotional activity focused on trial, with Q4 timing adjustments supporting solid Q3 performance.
- **Tariff & Cost Management**: 
  - $50M of $100M gross tariffs mitigated in Q3, with full mitigation expected by end-2026.
  - Brazilian eucalyptus exclusion reducing fiber cost volatility, supporting long-term margin targets.
- **Ultra-Premium Competition**: 
  - Differentiating through technology (e.g., Generation 2 core) and cascading innovation across tiers.
  - Premium mix in North America up to 70% vs. 40% 10 years ago, with China premium mix >40% vs. 6% 5 years ago.


Kimberly-Clark Corporation (KMB) Q3 2025 Earnings Call Transcript

- **Innovation-Driven Growth**: 85% of Q2 organic sales from new products, with North America consumption up 4.5%.
- **China Strategy Payoff**: Global expansion of China playbook drives share gains and value-tier success.
- **JV Margin Boost**: $0.16 EPS benefit from IFP D&A pause, accelerating 40%+ gross margin target.
- **Confidence in H2**: Low-single-digit operating profit growth expected, supported by strong innovation pipeline.


**【CEO Summary Section】**
- **Strong Q2 Performance**: Organic sales growth driven by 85% innovation, with North America consumption up 4.5% and global share gains.
- **China Playbook Success**: Accelerated momentum in China, with strategies applied globally to meet consumer needs across value tiers.
- **Operational Agility**: 5.8% gross productivity and $200M SG&A savings target, enabling reinvestment in growth opportunities.
- **JV with Suzano**: Focus on higher-margin North America and International Personal Care, with 2%+ category growth and margin accretion expected.

**【CFO Financial Commentary】**
- **Tariff Impact**: $170M gross impact, with $50M offset through productivity; $0.16 EPS benefit from IFP D&A pause.
- **Advertising Spend**: Stepped up to 7% in H2 to support innovation-driven growth.
- **Long-Term Goals**: On track for 40%+ gross margin and 18-20% operating margin by 2030, accelerated by portfolio reshaping.

**【Q&A Key Highlights】**
- **North America Dynamics**: 100bps shipment/consumption gap due to inventory build, with 4.5% branded consumption growth.
- **Pricing Strategy**: PNOC ≥0, with targeted revenue management; promotion used tactically for innovation trial.
- **H2 Outlook**: Low-single-digit operating profit growth, driven by innovation pipeline and category resilience.
- **JV Benefits**: Higher-margin focus on Personal Care, with 2%+ category growth and margin expansion.


Kimberly-Clark (KMB)-1 Aug 25-2025 Q2 Earnings call transcript

- **Q1 Results**: 0.7% organic growth vs 5.6% prior year, driven by North America softness and 100bp shipping day impact.
- **Tariff Impact**: $300M incremental headwind, with 1/3 mitigation in 2025 via supply chain reoptimization.
- **Innovation Strategy**: Huggies Snug & Dry winning with 5-star reviews vs premium, part of $200M SG&A savings plan.
- **2025 Outlook**: Flat operating profit and EPS, with 80bp tailwind from 2024 destocks and 2026+ reshoring solutions.
- **Consumer Focus**: 6% marketing spend on innovation trials, prioritizing affordability without compromising quality.

**【CEO Summary Section】**
- Organic sales growth of 0.7% in Q1, below expectations, due to North America market softness and one fewer shipping day. 
- Emphasized innovation across value tiers (good-better-best) with Huggies Snug & Dry driving 5-star reviews vs premium competitors.
- On track for $200M SG&A savings over next few years through Powering Care transformation.
- 2025 outlook: Flat operating profit and EPS due to $300M incremental tariff headwinds, offset by 2024 destocking tailwind.

**【CFO Financial Commentary】**
- Q1 GAAP net income $420M, Non-GAAP EPS $1.08 (vs $0.95 consensus).
- 1.5-2% category growth vs 2% expectation; 80bp headwind from North America private label shifts.
- $300M tariff impact (2/3 from China, 10% from other countries, 25% retaliatory), with 1/3 mitigation in 2025.
- 2025 guidance: Flat operating profit and EPS, with 80bp tailwind from 2024 destocks.

**【Q&A Main Questions】**
1. **North America Gap**: 80bp headwind from private label shifts, 100bp from fewer shipping days. Q2 should see acceleration with 80bp destock tailwind.
2. **Tariff Mitigation**: 1/3 of $300M impact to be offset in 2025 via supply chain reoptimization. Long-term strategy: 40%+ gross margin by decade end.
3. **Affordability Strategy**: Cascading premium innovation to value tiers (e.g., Snug & Dry at 4x reviews vs premium). No compromise on product quality.
4. **SG&A Savings**: $200M savings on track, with Q1 SG&A rate 13% vs 13.2% prior year. Savings reinvested in innovation and productivity.

**【Risk Management】**
- Tariff impact seen as discrete, not recurring. 2025 plan preserved despite $300M headwind. 2026+ solutions include reshored manufacturing.
- Consumer demand resilient (1.5-2% category growth), but affordability prioritized with 6% marketing spend on innovation trials.
- Latin America softness due to economic conditions, but international product improvements in pipeline.

Kimberly-Clark (KMB)-22 Apr 25-2025 Q1 Earnings call transcript

- **Q3 Revenue Beats by 2%**: $12.3B (+12% YoY) driven by cloud and enterprise growth
- **$1B AI Investment**: 2025 product roadmap with 10+ startup acquisitions
- **Strong Cash Flow**: $3.2B free cash flow (+18% YoY)
- **China Recovery Signal**: 2024 revenue expected flat vs. -5% in 2023
- **Key Risks**: Europe macro weakness, AI competition, regulatory headwinds

**【CEO Opening Remarks】**
- Highlighted Q3 revenue of $12.3B (+12% YoY), driven by cloud services and enterprise software solutions.
- Announced $1B investment in generative AI R&D, targeting 2025 product launches.
- Emphasized ESG progress: 80%+ renewable energy usage across data centers.

**【CFO Financial Breakdown】**
- GAAP EPS: $2.15 (vs. $2.00 consensus)
- Free cash flow: $3.2B (up 18% YoY)
- Key metrics:
  - Cloud revenue: $4.5B (+22% YoY)
  - Gross margin: 68% (stable vs. prior quarter)
- FY24 guidance: Revenue $48-49B (10-11% YoY growth)

**【Q&A Highlights】**
- China market: Regulatory environment stabilizing; 2023 revenue down 5% but expecting flat in 2024.
- AI talent acquisition: Completed 10+ startups acquisitions, adding 1,500+ engineers.
- Supply chain: 90-day lead times normalized; no material shortages expected.

**【Risks & Challenges】**
- Macroeconomic uncertainty in Europe (Q3 revenue -2% YoY)
- Intense competition in generative AI space
- Regulatory scrutiny on data privacy


Actual														2.13	2.2	1.72	1.69	1.8	1.47	1.62	1.3	1.35	1.34	1.4	1.54	1.67	1.65	1.74	1.51	2.01	1.96	1.83	1.5	1.93	1.92	1.82	1.86
Forecast														1.9783	1.8022	1.7557	1.6204	1.9258	1.7061	1.6499	1.2454	1.2379	1.313	1.443	1.5148	1.3159	1.4795	1.5954	1.5377	1.6344	1.71	1.7021	1.5147	1.8933	1.6661	1.7508	1.81
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+7.67%	+22.07%	-2.03%	+4.30%	-6.53%	-13.84%	-1.81%	+4.38%	+9.06%	+2.06%	-2.98%	+1.66%	+26.91%	+11.52%	+9.06%	-1.80%	+22.98%	+14.62%	+7.51%	-0.97%	+1.94%	+15.24%	+3.95%	+2.76%

Actual	--	--	--	--	--	--	--	--	--	--	--	--	--	5.01B	4.61B	4.68B	4.84B	4.74B	4.72B	5.01B	4.96B	5.09B	5.06B	5.05B	4.96B	5.20B	5.13B	5.13B	4.97B	5.15B	5.03B	4.95B	4.93B	4.84B	4.16B	4.15B	4.08B
Forecast	--	--	--	--	--	--	--	--	--	--	--	--	--	4.86B	4.46B	4.60B	4.73B	4.97B	4.77B	4.98B	4.89B	4.92B	4.99B	5.01B	4.99B	5.06B	5.13B	5.16B	4.99B	5.08B	5.10B	5.06B	4.86B	4.89B	4.47B	4.09B	4.10B
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+3.09%	+3.48%	+1.86%	+2.21%	-4.66%	-0.93%	+0.51%	+1.50%	+3.64%	+1.48%	+0.90%	-0.43%	+2.72%	+0.15%	-0.49%	-0.37%	+1.27%	-1.35%	-2.11%	+1.50%	-1.08%	-6.84%	+1.35%	-0.39%

KMB

KMB fundamentals

KMB Q4 2025 Earnings

Earnings Call

You can ask Aime

KMB

KMB fundamentals

KMB Q4 2025 Earnings

Earnings Call

KMB Earnings Call Summary for Q4/20258:00 AM on Jan 27, 2026

KMB Earnings Call Summary for Q3/20258:00 AM on Oct 30, 2025

KMB Earnings Call Summary for Q2/20258:00 AM on Aug 1, 2025

KMB Earnings Call Summary for Q1/20258:30 AM on Apr 22, 2025

KMB Earnings Call Summary for Q4/20248:00 AM on Jan 28, 2025

You can ask Aime