Kimberly-Clark announces first quarter 2012
results
Kimberly-Clark Corporation (NYSE: KMB) reported first quarter
2012 results and reconfirmed its previous guidance for full-year
2012 adjusted earnings per share. First quarter 2012 net sales were
$5.2 billion and increased 4 percent. Organic sales rose 6 percent,
driven by higher net selling prices and sales volumes. The organic
growth was highlighted by a 13 percent increase in K-C
International. Diluted net income per share for the quarter was
$1.18 compared with $0.86 in the year-ago period. First quarter
adjusted earnings per share were $1.24 in 2012, up 14 percent
compared to $1.09 in the prior year.
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