Kimberly-Clark Reports Third-Quarter Revenue of $4.13B, EPS of $5.37
Net sales were relatively flat year over year. Net income attributable to the company rose, largely driven by a $1.4 billion after-tax gain on the IFP transaction.
Kimberly-Clark's third-quarter net sales were relatively flat year over year as favorable currency and Arbex Joint Venture supply-agreement sales were offset by lower organic sales. Net income attributable to the company rose, driven largely by a $1.4 billion after-tax gain on the IFP transaction…