Kimberly-Clark Corp

KMB: XNAS (USA)
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Kimberly-Clark Earnings: Despite Transitory Pressures, Brand Spending Stays Central

Kimberly-Clark's organic sales were flat in the second quarter, with lower prices negating the benefit from favorable mix. Adjusted operating margin expanded 100 basis points to 18.1%, as cost savings (pegged at 6% of cost of goods sold) funded brand and supply chain investments.

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