This story incorporates reporting from Business Insider, MarketWatch on MSN.com and Bloomberg on MSN.com.
Kimberly-Clark stock experienced a decline after reporting fourth-quarter earnings that missed analysts’ expectations. The company announced an adjusted earnings per share (EPS) of $1.50, slightly below the consensus estimate of $1.51. However, Kimberly-Clark surpassed revenue projections, posting $4.93 billion against a consensus of $4.86 billion.
Despite the profit shortfall, Kimberly-Clark’s chairman and CEO, Mike Hsu, emphasized the company’s strategic achievements in 2024. Hsu noted that the year marked a breakthrough with the introduction of the Powering Care strategy and effective organizational restructuring into three primary business segments. This transformation aimed to enhance operational efficiency and lay a solid foundation for future growth.
Hsu expressed confidence in the company’s long-term growth trajectory, stating that Kimberly-Clark’s full-year results exceeded its new growth algorithm. The company’s successful execution across different units has set a promising stage for accelerating its strategic initiatives in 2025 and beyond. While the profit lag impacted stock performance, the revenue beat reflects underlying business strength and potential for recovery.
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