Kimberly-Clark Has a Weaker Outlook - NewsBreak
By Hernandez in Business
Updated 3 years ago
Sales will fall slightly this year, but earnings are declining more quickly. Kimberly-Clark is raising prices to offset soaring costs. The company is spending less on stock buybacks as it invests more in the business. The pandemic isn't finished scrambling Kimberly-Clark's (NYSE:KMB) business. The consumer-staples giant recently said that it...