Kimberly-Clark announces year-end 2011
results
Kimberly-Clark Corporation (NYSE: KMB) reported year-end 2011
results, including fourth quarter 2011 net sales were $5.2 billion
and increased 2 percent. Organic sales rose 3 percent, driven by
higher net selling prices and sales volumes. The organic growth was
highlighted by a 7 percent increase in K-C International.
Diluted net income per share for the quarter was $1.01 compared
with $1.20 in the year-ago period. Fourth quarter adjusted earnings
per share were $1.28 in 2011, up 7 percent compared to diluted net
income per share in the prior year. Diluted net income per
share for full-year 2011 was $3.99. Adjusted earnings per share
were $4.80 compared to the company's previous guidance of $4.80 to
$4.90.
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