NASDAQ$KMB
Kimberly-Clark Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Kimberly-Clark's Q4 2022 performance remained consistent with the previous year, marked by organic sales growth and increased profitability in specific segments.
Kimberly-Clark reported Q4 2022 net sales of $5.0 billion, consistent with the year-ago period, and a 5% increase in organic sales. Diluted net income per share was $1.50, up from $1.06 in 2021, with adjusted earnings per share at $1.54, an 18% increase. The company's operating profit rose to $712 million from $521 million, driven by higher net selling prices and cost savings.
- Net sales remained consistent at $5.0 billion, with a 5% increase in organic sales driven by a 10% rise in net selling prices and a 1% increase in product mix, offset by a 7% volume decline.
- Diluted net income per share increased to $1.50, up from $1.06 in the previous year.
- Adjusted earnings per share rose by 18% to $1.54, compared to $1.30 in 2021.
- Operating profit increased to $712 million, compared to $521 million in the previous year, benefiting from higher net selling prices and cost savings.
Headline financials
Revenue & EPS history
Kimberly-Clark · Revenue · Quarterly
$4.96B
Forward guidance
Kimberly-Clark expects net sales to increase by 0 to 2 percent in 2023, including organic sales growth of 2 to 4 percent. Diluted earnings per share are projected to increase by 2 to 6 percent, driven by an operating profit increase in the mid-to-high single digits, both versus adjusted results in 2022.
Tailwinds
- Net sales increase 0 to 2 percent.
- Organic sales growth of 2 to 4 percent.
- Operating profit up mid-to-high single digits versus adjusted operating profit in 2022.
- Cost savings associated with FORCE program in-line with the prior year.
- Earnings per share increase 2 to 6 percent versus adjusted earnings per share in 2022.
Headwinds
- Foreign currency exchange rates unfavorable approximately 2 percent.
- Input costs expected to increase $200 to $300 million.
- Foreign currency exchange rates expected to reduce operating profit by low-double digits or approximately $300 to $400 million.
- Marketing, research and general spending expected to be up year-on-year driven by continued investment in the business, including higher advertising spending, as well as general inflation.
- Net interest expense expected to increase high-single digits year-over-year.
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 Q4 2022
-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% | — | — |
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