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Kimberly-Clark Has a Weaker Outlook

TheMotleyFool

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The pandemic isn't finished scrambling Kimberly-Clark's (NYSE: KMB) business. The consumer-staples giant recently said that it returned to sales growth in the fiscal third quarter and is still expecting only modest declines for all of 2021. However, earnings fell faster than expected, and surging costs will hurt profitability into 2022. Let's take a closer look.

Image source: Getty Images.

Organic sales rose 4% to mark a solid improvement over last-quarter's 3% decline. Kimberly Clark's growth trends have now improved for two consecutive quarters after falling 8% in the prior one.

Source Fool.com

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