Kimberly-Clark Raises Forecast of FX Headwind -- Currency Comment
July 26 2022 - 09:07AM
Dow Jones News
By Paulo Trevisani
Kimberly-Clark Corp. said Tuesday foreign exchange rates are
expected to have a negative impact of about 3% on this year's
results, up from around 2% in previous guidance.
The Irving, Texas consumer-goods supplier kept its full-year
outlook for a sales increase of 2% to 4%.
The company said FX reduced its $5.1 billion in second quarter
sales by 2%.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
July 26, 2022 08:52 ET (12:52 GMT)
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