Insight ReportKimberly 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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Retail and Logistics Holiday Hiring Hits Lowest Level in Over a Decade—Data GraphicRetail 2025 Sector Outlooks: EbookAnalyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav PitaliyaThe New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to Know
