Kimberly-Clark reported first quarter 2026 net sales of $4.2 billion and adjusted EPS of $1.97, beating analyst expectations. The results were driven by organic sales growth of 2.5%, which was also ahead of estimates, while the company reaffirmed its full-year 2026 outlook.
Key Highlights
- Organic sales increased 2.5%, driven by a 3.0% improvement from volume and mix, which was partially offset by a 0.5% decrease in net pricing.
- International Personal Care was a key growth driver, with organic sales increasing 4.0% on strong volume, while the North America segment delivered 1.8% organic growth.
- Adjusted gross margin contracted by 60 basis points year-over-year to 37.9% as productivity savings were more than offset by planned price investments and cost inflation.