AI Earnings Predictions for Kimberly-Clark Corporation (KMB)

EX-99.1

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EARNINGS RELEASE

Document

Exhibit 99.1

Kimberly-Clark Announces Third Quarter Results, Reaffirms 2026 Standalone Outlook

Well-positioned to capitalize on a generational value creation

opportunity and drive the next phase of durable growth

DALLAS, November 5, 2026 - Kimberly-Clark Corporation (Nasdaq: KMB) today reported third quarter 2026 results reflecting continued innovation-driven momentum and industry-leading productivity, despite several significant, discrete unfavorable impacts.

“The completion of our Kenvue transaction earlier this week marks a defining moment in the 154 year history of Kimberly-Clark. We embark on an exciting next chapter focused on delivering better care, in more hands, and enabling smarter health.” said Kimberly-Clark Chairman and CEO Mike Hsu. “Our third quarter results reflect a dynamic operating environment and several discrete impacts. Our team continues to execute with agility, and the underlying momentum of our business remains strong. We’re excited to join forces with our Kenvue colleagues and apply our playbook and capabilities across the combined company. We are confident that our proven growth engine, and our continued industry-leading productivity gains, will enable us to build on the momentum we have achieved through Powering Care.”

Hsu continued, “I want to thank all of our Kimberly-Clark employees for their contributions to our transformation, and extend a warm welcome to our Kenvue colleagues. Our teams are energized and focused on realizing the unique, generational value creation opportunity in front of us. As one company, we are well positioned to deliver extraordinary care and lead the future of consumer health.”

Quarter Highlights

•Unless otherwise noted, reported results in this release are based on continuing operations and exclude the International Family Care and Professional ("IFP") business, which is reported as discontinued operations.

•Delivered net sales of $4.1 billion, down 0.4 percent, while organic sales declined 1.3 percent.

•Gross margin was 34.9 percent; adjusted gross margin was 35.5 percent, down 130 basis points versus the prior year.

•Operating profit for the quarter was $516 million, while adjusted operating profit was $677 million, down 0.9 percent versus the prior year.

•Diluted earnings per share ("EPS") from continuing operations were $1.19; adjusted EPS from continuing operations were $1.70, up 17.2 percent versus the prior year.

•Diluted EPS attributable to Kimberly-Clark were $5.37; adjusted EPS attributable to Kimberly-Clark were $1.70, down 6.6 percent versus the prior year.

Third Quarter 2026 Results

Net sales of $4.1 billion were relatively flat compared to the prior year, as favorable impacts from sales recognized under supply agreements with the Arbex Joint Venture and favorable currency impacts were largely offset by a

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decline in organic sales. Organic sales declined 1.3 percent, including an approximately 270 basis point headwind from the China social media disruption, as well as additional headwinds from retailer year-over-year inventory movements in North America.

Gross margin was 34.9 percent compared to 36.0 percent in the prior year, inclusive of $29 million, or approximately 70 basis points, and $34 million, or approximately 80 basis points, respectively, of charges related to the 2024 Transformation Initiative. Excluding these charges, adjusted gross margin was 35.5 percent, a decrease of 130 basis points versus the prior year, driven by unfavorable pricing net of cost inflation and supply chain related investments, partially offset by strong productivity savings.

Third quarter operating profit was $516 million compared to $621 million in the prior year. Current quarter results included charges of $55 million related to the 2024 Transformation Initiative and $106 million related to the Kenvue Acquisition. Prior year results included $62 million of charges related to the 2024 Transformation Initiative. Excluding these items, adjusted operating profit was $677 million compared to $683 million, a decrease of 0.9 percent, driven by unfavorable pricing net of cost inflation and headwinds from the China social media disruption of approximately 530 basis points, partially offset by lower marketing, research and general expenses.

Net interest expense was $32 million versus $59 million in the prior year primarily driven by lower interest expense.

The third quarter effective tax rate was 20.2 percent, compared to 45.4 percent in the prior year. On an adjusted basis, the effective rate was 19.5 percent compared to 26.5 percent in the prior year. The year-on-year impact was driven primarily by a combination of transitory impacts in the prior year from the One Big Beautiful Bill Act ("OBBBA") and benefits in the current year from certain tax initiatives.

Net income of equity companies was $29 million compared to $46 million in the prior year. The decrease was primarily drive

EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

Kimberly-Clark Announces Preliminary Third

Quarter 2026 Results and Provides Full Year 2026 Outlook Consistent with Previous Expectations

Final Third Quarter and Nine Months results to be Released November 5, 2026

DALLAS, October 15, 2026 – Kimberly-Clark Corporation (NASDAQ: KMB) (“Kimberly-Clark”), a core S&P 500 component, today provided estimated preliminary financial data for the three months ended September 30, 2026, on a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

Considering these preliminary results, Kimberly-Clark’s outlook for 2026 remains consistent with previous expectations; specifically:

·2026 Organic Sales Growth to be approximately 100 basis points below its weighted average category growth in the categories and countries it competes. This primarily reflects realized and potential unfavorable impacts amounting to approximately 100 basis points at a total company level from previously disclosed China social media disruptions. Kimberly-Clark also noted that its weighted average category growth is now approximately 1.7 percent on a trailing 12-month basis.

·Adjusted Operating Profit to grow mid-single digits on a constant-currency basis.

·Adjusted Earnings per Share from Continuing Operations to grow high single digits on a constant-currency basis.

·Adjusted Earnings per Share Attributable to Kimberly-Clark to see a low single digit decline on a constant-currency basis.

This outlook reflects assumptions subject to change given the macro environment. In addition, this outlook excludes the impact of any potential acquisitions, including Kimberly-Clark’s previously announced pending acquisition of Kenvue Inc. (the “Kenvue Acquisition”), divestitures and other items that have not yet been identified and quantified.

Kimberly-Clark will issue its final third quarter 2026 results on

Thursday, November 5. A press release and supplemental materials will be issued at approximately 6:30 a.m. EST.

Kimberly-Clark management will then host a live Q&A session with

analysts beginning at 8:00 a.m. EST.

The earnings release, supplemental materials, and Kimberly-Clark’s

Q&A session can be accessed at the Investor Relations section of the Kimberly-Clark website. A replay of the webcast will be available

following the event through the same website.

About Kimberly-Clark

Kimberly-Clark (NASDAQ: KMB) and its trusted brands are an indispensable

part of life for people in more than 175 countries and territories. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Pull-Ups, Goodnites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 70 countries. Our company’s purpose is to deliver Better Care for a Better World. We are committed to using sustainable practices designed to support a healthy planet, build strong communities, and enable our business to thrive for decades to come. The KMB stock is a large cap growth and value stock and core S&P 500 equity held by more than 400 Exchange Traded Funds. Kimberly-Clark is considered a dividend aristocrat, having paid a cash dividend to shareholders for 92 consecutive years and increased its dividend for 54 consecutive years. To keep up with the latest news and learn more about the company's more than 150-year history of innovation, visit the Kimberly-Clark website.

Kimberly-Clark Contacts

Investor Relations: Christopher Jakubik, CFA, KC.InvestorRelations@kcc.com

Media: Kyrsten Aspegren, media.relations@kcc.com

Non-GAAP Financial Information

This press release includes certain financial measures, such as Organic Sales Growth, Adjusted Operating Profit, Adjusted Earnings per Share from Continuing Operations, and Adjusted Earnings per Share Attributable to Kimberly-Clark, not calculated in accordance with generally accepted accounting principles in the United States (“GAAP”). Unless specifically stated, all discussions regarding non-GAAP financial measures reflect results from our continuing operations for all periods presented.

We use these non-GAAP financial measures to assist in comparing our

performance on a consistent basis for purposes of business decision making by removing the impact of certain items that we do not believe reflect our underlying and ongoing operations. We believe that presenting these non-GAAP financial measures is useful to investors because it (i) provides investors with meaningful supplemental information regarding financial performance by excluding certain items, (ii) permits investors to view performance using the same tools that management uses to budget, make operating and strategic decisions, and evaluate historical performance, and (iii) otherwise provides supplemental information that may be useful to investors in evaluating our results. We believe that the presentation of these non-GAAP financial measures, when considered together w

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