NASDAQ$KMB
Kimberly-Clark Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Kimberly-Clark's Q3 2024 results reflected strong execution, driven by market share gains and improved productivity.
Kimberly-Clark reported Q3 2024 net sales of $5.0 billion, a 4% decrease compared to the prior year, but organic sales grew by 1%. Adjusted EPS increased by 5% to $1.83. The company reaffirmed its 2024 profit outlook, expecting organic net sales to grow between 3-4%.
- Net sales were $5.0 billion, down 4%, with organic sales up 1%.
- Adjusted gross margin increased by 90 basis points to 36.7%, driven by productivity gains.
- Diluted earnings per share were $2.69, while adjusted earnings per share increased 5% to $1.83.
- The company updated its 2024 outlook, expecting organic net sales to grow between 3-4%.
Headline financials
Revenue & EPS history
Kimberly-Clark · Revenue · Quarterly
$4.95B
Forward guidance
Kimberly-Clark updated its 2024 outlook, expecting organic net sales to grow between 3-4% and adjusted operating profit and adjusted earnings per share to grow at a mid-to-high teens percentage rate on a constant-currency basis.
Tailwinds
- Organic Net Sales are expected to grow between 3%-4%.
- Adjusted Operating Profit is expected to grow at a mid-to-high teens percentage rate on a constant-currency basis.
- Adjusted Earnings Per Share are expected to grow at a mid-to-high teens percentage rate on a constant-currency basis.
- The company returned $2.0 billion to shareholders through dividends and repurchases of common stock.
- Total debt was $7.5 billion as of September 30, 2024, down from $8.0 billion as of December 31, 2023.
Headwinds
- Reported Net Sales are still expected to be negatively impacted by 400 basis points of currency translation.
- Reported Net Sales are still expected to be negatively impacted by 120 basis points from divestitures.
- Reported Operating Profit is now expected to be negatively impacted by approximately 650 basis points from currency translation.
- The outlook reflects assumptions subject to change given the macro environment.
- Retailer inventory reductions in North America impacted organic sales.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-0.1%
Avg return
Earnings day
-1.0%
Avg return
5 days after
+0.7%
Avg return
30 days after
48%
35 / 73 earnings
Positive
+12.0%
Q1 2022
Best reaction
-7.8%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | -0.6% | +1.0% | |
| Q4 2025 | -0.7% | -1.1% | +9.1% | |
| Q3 2025 | +3.1% | -13.8% | -6.5% | |
| Q2 2025 | +4.8% | +9.7% | +3.6% | |
| Q1 2025 | -1.5% | -6.0% | -0.2% | |
| Q4 2024 | -1.5% | -1.1% | +6.7% | |
| Q3 2024 | -5.1% | -6.0% | -5.0% | |
| Q2 2024 | -2.5% | -1.6% | +0.3% | |
| Q1 2024 | +6.9% | +4.9% | +2.3% | |
| Q4 2023 | -3.6% | -2.9% | -2.6% | |
| Q3 2023 | -2.5% | -4.1% | +0.4% | |
| Q2 2023 | -3.8% | -4.9% | -6.3% | |
| Q1 2023 | +0.8% | +1.7% | -3.8% | |
| Q4 2022 | -3.2% | -4.2% | -6.3% | |
| Q3 2022 | +3.8% | +7.3% | +15.7% | |
| Q2 2022 | -1.0% | -1.2% | -0.4% | |
| Q1 2022 | +12.0% | +9.7% | +0.2% | |
| Q4 2021 | -1.5% | -1.4% | -5.6% | |
| Q3 2021 | +0.2% | -2.7% | +1.6% | |
| Q2 2021 | +0.1% | -0.0% | +2.4% | |
| Q1 2021 | -7.0% | -7.6% | -5.7% | |
| Q4 2020 | +3.7% | -0.1% | -1.1% | |
| Q3 2020 | -7.8% | -9.2% | -5.8% | |
| Q2 2020 | +2.1% | +4.5% | +9.0% | |
| Q1 2020 | +0.6% | +0.6% | +0.2% | |
| Q4 2019 | -0.7% | +0.3% | -2.1% | |
| Q3 2019 | -3.5% | -3.6% | -4.2% | |
| Q2 2019 | +0.3% | +2.2% | +5.6% | |
| Q1 2019 | +1.7% | +1.8% | +6.0% | |
| Q4 2018 | -3.3% | -6.2% | +3.4% | |
| Q3 2018 | -5.5% | -7.2% | +0.4% | |
| Q2 2018 | +0.9% | +2.5% | +10.2% | |
| Q1 2018 | +0.4% | +4.5% | +4.5% | |
| Q4 2017 | +2.4% | +4.6% | -3.5% | |
| Q3 2017 | -1.2% | -0.9% | +2.3% | |
| Q2 2017 | -1.3% | -1.1% | -2.3% | |
| Q1 2017 | +2.2% | -0.2% | -1.5% | |
| Q4 2016 | +4.3% | +3.4% | +14.8% | |
| Q3 2016 | -4.9% | -4.2% | -4.2% | |
| Q2 2016 | -1.7% | -3.8% | -4.4% | |
| Q1 2016 | -4.2% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | +3.1% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | +4.2% | — | — | |
| Q4 2014 | -7.7% | — | — | |
| Q3 2014 | +4.3% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | -3.7% | — | — | |
| Q4 2013 | +1.9% | — | — | |
| Q3 2013 | +6.2% | — | — | |
| Q2 2013 | -1.3% | — | — | |
| Q1 2013 | +4.2% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q3 2012 | -3.6% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | -0.3% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2010 | -0.4% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q2 2010 | +1.1% | — | — | |
| Q1 2009 | +3.0% | — | — | |
| Q1 2010 | -1.0% | — | — | |
| Q4 2007 | +0.0% | — | — | |
| Q4 2009 | +0.0% | — | — | |
| Q4 2008 | +0.9% | — | — | |
| Q3 2008 | +0.9% | — | — | |
| Q3 2009 | +0.9% | — | — | |
| Q2 2009 | -0.0% | — | — | |
| Q2 2008 | -0.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro