Kimberly-Clark Earnings: Transformation Agenda Takes Hold, as Volumes Inflect and Margins Improve

Kimberly-Clark chalked up 2.3% organic sales growth, driven by a 1.5% benefit from increased volumes, a 0.5% boost from higher prices, and a 0.1% contribution from favorable mix. In addition, efficiency initiatives buoyed the adjusted gross margin to 35.4%, 50 basis points above the prior year.