Kimberly-Clark Keeps Forecast of Negative FX Impact on Sales -- Currency Comment
22 Abril 2022 - 11:10AM
Dow Jones News
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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