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Earnings Results: Kimberly-Clark stock slides after soft guidance and not even ‘mind-blowing’ news in ‘poop’ category coming soon can stem the losses

earnings

Earnings Results


Inflation is expected to remain a pressure on margins in 2023

Maker is Huggies says it has a major announcement in the ‘poop’ category coming in the second half.


Getty Images for Huggies

Kimberly-Clark Inc. stock fell 3% Wednesday after the consumer goods company disappointed investors with its guidance for 2023, and not even the promise of “mind-blowing” news in the “poop” category in the second half could stem the losses.

Chief Executive Michael Hsu referenced the exciting news in the category on the company’s earnings call with analysts. Kimberly-Clark KMB is the owner of brands including Huggies, Pull-Ups, GoodNites, DryNites, Little Swimmers, and of adult products Depend, Poise, and Plenitud.

“We…

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