07.25.23
Kimberly-Clark’s second quarter sales of $5.1 billion increased 1%, with organic sales up 5%, driven by a 9% increase in price and favorable product mix from ongoing revenue growth management programs, offset by a 3% decrease in volume. Changes in foreign currency exchange rates decreased sales by approximately 4%.
In North America, organic sales increased 6% over last year, including increases of 1% in Personal Care, 7% in Consumer Tissue and 17% in K-C Professional.
Outside North America, organic sales were up 6% in developing and emerging (D&E) markets and 4% in developed markets (Australia, South Korea and Western/Central Europe).
Personal Care sales of $2.7 billion decreased 1%, while organic sales increased 4%, driven by price and mix, partially offset by lower volume. Successful revenue growth management and commercial execution contributed to favorable trends in net revenue realization.
In North America, organic sales increased 6% over last year, including increases of 1% in Personal Care, 7% in Consumer Tissue and 17% in K-C Professional.
Outside North America, organic sales were up 6% in developing and emerging (D&E) markets and 4% in developed markets (Australia, South Korea and Western/Central Europe).
Personal Care sales of $2.7 billion decreased 1%, while organic sales increased 4%, driven by price and mix, partially offset by lower volume. Successful revenue growth management and commercial execution contributed to favorable trends in net revenue realization.