Kimberly-Clark Predicts a Growth Slowdown Ahead
Kimberly Clark (NYSE: KMB) shareholders have had to endure mixed results from their investment lately. While the consumer staples giant posted faster growth and reduced costs in 2019, its rebound trailed the broader market, and looked weak in comparison to Procter & Gamble's (NYSE: PG) expansion.
The gap between the two businesses, which compete directly in areas like diapers and paper products, continued into early 2020. In fact, in earnings results posted Thursday, Kimberly Clark revealed operating and financial metrics that all suggest it is struggling to keep ahead of major changes in the global selling environment.
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Source Fool.com
