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Kimberly-Clark Announces Second Quarter 2007 Results and New Share Buy-Back Program

Published in Virus Weekly, August 7th, 2007

Kimberly-Clark Corporation (NYSE:KMB) reported that net sales in the second quarter of 2007 increased 8.2 percent to $4.5 billion, establishing a new quarterly record for the twelfth consecutive quarter. The improvement was broad-based, with organic sales growth of 5 percent or better for the company's Personal Care, Consumer Tissue and K-C Professional & Other businesses and continued double-digit sales gains in developing and emerging markets. In addition, changes in currency exchange rates benefited sales by about 3 percent.

Diluted net income per share was $1.00 compared with 82 cents in the prior year. Adjusted earnings in the second quarter of 2007 were $1.04 per...

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