By Paulo Trevisani

 

Kimberly-Clark Corp. said Friday that currency conversions reduced sales by 2% in the first quarter and kept its previous forecast of a negative FX impact for the full year.

The Irving, Texas, maker of tissue paper and diapers reported sales of $5.1 billion in the quarter, up 7% from a year earlier.

The company rose its net sales guidance to an increase of 2% to 4% from 1% to 2%, but kept the forecast of a 2% negative impact from FX.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

April 22, 2022 09:55 ET (13:55 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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