Insight Report 4 minutes PremiumKimberly Clark (KMB) Fourth-Quarter Earnings:Currency Effects Weigh on Results, 2016 Guidance Coresight Research January 25, 2016 Executive Summary Kimberly-Clark reported fourth-quarter 2015 net sales of $4.54 billion, which were slightly below the consensus estimate of $4.57 billion, and down 6.0% year over year. Currency effects more than offset the positive contribution of 5% organic growth. Adjusted EPS was $1.42, hurt by currency and higher expenses on a local-currency basis, and missing the consensus estimate by a penny. In 2016, the company expects revenues in the range of flat to down by 3% and adjusted EPS of $5.95–$6.15; the midpoints of each range are below consensus estimates. Savings from the company’s restructuring program were $15 million in the fourth quarter, bringing cumulative savings to $70 million. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weinswig’s Weekly: Three Trends About the US Return to Office You Don’t Already KnowConsumers Report Strong Financial Health: US Consumer Survey InsightsWeinswig’s Weekly: Tackling the Food-Waste Challenge with TechnologyInnovator Profile: Frate Reduces the Impacts of Retail Returns on Profitability and the Environment
