The maker of Kleenex and Huggies posted a 6% drop in net sales to $4.8 billion, with currency translation accounting for a significant 2.4% of that decline. More concerning for macro watchers is the company's revised outlook, citing "greater costs across our global supply chain" than anticipated at the beginning of 2025.
Share of KMB are down 3.5%.
The good news is company reported a 1.5% decrease in price, with volume and mix flat year-over-year. That's some good news on inflation but suggests challenges in maintaining pricing power in a slowing consumer environment.
This article was written by Adam Button at www.forexlive.com. Read More Details
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