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Kimberly-Clark Reports Preliminary Third-Quarter Results Above Expectations

Kimberly-Clark reported preliminary third-quarter sales and profit above expectations, citing steady demand and cost-saving measures. Chinese authorities said no formamide was detected in the company’s products.

KMB

Kimberly-Clark NASDAQ:KMB on Thursday reported preliminary third-quarter sales and profit above expectations on the back of steady demand and cost-saving measures.The results come hours after Chinese authorities said no formamide was detected in the company's products, disproving Chinese social med…