Diaper manufacturer Kimberly-Clark lowers profit expectations due to reduced tariff costs.

robot
Abstract generation in progress

Jin10 data April 22 news, Kimberly-Clark Corp. has lowered its profit forecast for this year, citing uncertainty brought about by the impact of the global trade war on its costs. The Texas-based manufacturer of diapers and paper towels now expects adjusted operating profit in 2025 to be flat or slightly rise in fixed exchange rate terms, rather than the high single-digit growth rate predicted in January. "The current environment will mean that the costs of our global supply chain will be higher than we expected at the beginning of the year," CEO Mike Hsu said in a statement announcing first-quarter results. Hsu stated that he believes the company can "offset these costs over time," thus improving profitability.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
ABR_CryptoUPDATEvip
· 04-22 11:37
Tough outlook for Kimberly-Clark—global trade tensions biting into margins. Flat profit guidance signals caution ahead
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)