Kimberly-Clark Corp.
(NYSE:KMB) reported second-quarter results on Tuesday that topped Wall Street's earnings expectations but missed on revenue, as productivity gains and tariff refunds helped offset weakness tied to a social media-driven sales disruption in China.
Earnings Snapshot The maker of Huggies and Kleenex posted adjusted earnings of $2.12 per share attributable to Kimberly-Clark, ahead of the $2.01 analyst estimate.
Revenue rose 0.6% year over year to $4.189 billion, missing the consensus estimate of $4.221 billion.
Gross margin expanded to 38.3% from 35.0% a year earlier.
