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Article: Kimberly-Clark misses targets
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- October 23, 2002
CopyrightCopyright 2002 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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NATIONAL EARNINGS
Kimberly-Clark misses targets
Associated Press
Wednesday, October 23, 2002
Kimberly-Clark Corp. said Tuesday that revenue and profits grew
faster in the third quarter than a year ago, but the results from the
Dallas-based maker of Kleenex tissues and Huggies disposable diapers
fell short of Wall Street's expectations. The company also said its
earnings for the year will be lower than expected.
Kimberly-Clark said profits in the three months ending Sept. 30
rose to $441.2 million, compared with $419.4 million a year earlier.
The company also warned that continued competitive pressure to
keep prices down, plus weakness in some Latin American currencies,
would cause full-year ...