Aug. 4 at 12:13 PM
$KMB | KIMBERLY-CLARK CORPORATION Q2 2026 EARNINGS HIGHLIGHTS
◆ EPS:
$2.12 vs.
$2.01 est. ✅
◆ Revenue:
$4.19B vs.
$4.22B est. ❌
◆ Net Income:
$345M (-32.2% YoY)
◆ Operating Income:
$633M (+6.9% YoY)
◆ Gross Profit:
$1,603M (+10.1% YoY)
◆ H1 Operating Cash Flow:
$1,653M (+50.7% YoY)
Segment Performance:
◆ North America:
$2.698B (-1.2% YoY)
◆ International Personal Care:
$1.491B (+4.0% YoY)
Key Metrics:
◆ China social media diaper disruption caused ~50 bps organic sales headwind in Q2; near-term sales and profit impact expected to continue.
◆ Adjusted operating profit
$757M, up 6.2% YoY, aided by one-time tariff refunds and strong productivity savings.
◆ H1 2026 capital spending was
$776M vs.
$401M in H1 2025, reflecting accelerated investment.
Forward Guidance:
◆ FY 2026 Organic Sales Growth now expected ~100 bps below weighted avg category growth (currently ~2% trailing twelve months).
◆ Adjusted Operating Profit expected to grow mid-single digits on a constant-currency basis.
◆ Adjusted EPS from Continuing Operations expected to grow high single digits on a constant-currency basis.
◆ Adjusted EPS Attributable to Kimberly-Clark expected to see a low single digit decline on a constant-currency basis.
