Breaking News

K-C Raises Prices In Response To Earnings Fall

July 15, 2008

Second price increase this year for Huggies, other consumer goods.

Kimberly-Clark  said in July that its second-quarter profit fell and cut its full-year outlook as rapidly rising energy costs pressure margins. Diluted net income is expected to be 99 cents per share, down from $1 the year before. The warning was followed by an announcement that the maker of Huggies diapers would implement its second price increase this year across most of its consumer brands later this summer.

K-C, like most consumer products makers have faced rising input costs in light of record oil prices and the weak U.S. economy. In addition to higher costs for natural gas and oil-based materials, Kimberly-Clark also cited a planned higher investment in strategic marketing of nearly $25 million for its earning shortfall.
  • 2016 International Buyers Guide

    2016 International Buyers Guide

    July 15, 2016
    Our annual Buyers’ Guide lists nearly every supplier and producer involved with the global nonwovens industry.

  • Raw Material Round Up

    Raw Material Round Up

    Karen McIntyre, Editor||June 9, 2016
    Suppliers to nonwovens manufacturers continue to innovate.

  • Fiber Producers Hone in on Hygiene

    Fiber Producers Hone in on Hygiene

    Tara Olivo, Associate Editor||June 9, 2016
    Growth in hygiene markets has spurred innovation among these suppliers to the nonwovens industry.