Kimberly-Clark Corporation · KMB · FY2024 Q4 · Calendar Q1 2025
Kimberly-Clark: Productivity Plan Supports Margin Expansion
The call supports a constructive operating thesis for Kimberly-Clark: productivity, supply-chain improvements, premium trade-up and share gains could support margin expansion and growth. The main test is whether those benefits can offset muted pricing, commodity inflation, destocking and regional softness.
Earnings scorecard
Reported versus consensusMarket reaction
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Transcript intelligence
What changed
Relative to the prior quarter, the narrative shifted from an approximately 80-basis-point inventory drag and private-label exits toward a broader 2025 operating plan: about 2% category volume/mix growth, $200 million of planned SG&A savings, supply-chain automation and continued share gains. Guidance sentiment remained maintained.
Guidance delta
Management guidance sentiment was maintained. The call emphasized about 2% category volume/mix growth with pricing largely flat in 2025 and $200 million of SG&A savings beginning in 2025.
Key takeaways
- Powering Care is delivering margin expansion and productivity improvements.
- Management expects about 2% category growth from volume and mix, with pricing largely flat in 2025.
- $200 million of SG&A savings is scheduled to begin in 2025.
- Market-share gains were cited across the US, UK, Korea and Australia.
- Pulp costs, retail destocking, FX and softer regional frequency remain risks.
Management priorities
- Continue Powering Care initiatives and product innovation
- Accelerate supply-chain automation and network optimization
- Expand marketing and brand storytelling
- Focus on premium trade-up product launches
- Maintain SG&A efficiency programs targeting $200 million in savings
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Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 16, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| TD Cowen | Hold | Hold | Maintain | Oct 13, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Oct 5, 2026 |
| B of A Securities | Buy | Buy | Maintain | Sep 25, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Sep 11, 2026 |
| UBS | Neutral | Neutral | Maintain | Aug 5, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Jul 21, 2026 |
| Deutsche Bank | Hold | Hold | Maintain | Mar 30, 2026 |
| Citigroup | Sell | Sell | Maintain | Jan 14, 2026 |
| BNP Paribas Exane | Neutral | Neutral | Maintain | Dec 1, 2025 |
| Argus Research | Buy | Hold | Upgrade | Nov 13, 2025 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Nov 4, 2025 |
| Evercore ISI Group | In Line | Outperform | Downgrade | Nov 4, 2025 |
| JP Morgan | Neutral | Neutral | Maintain | Oct 31, 2025 |
| RBC Capital | Outperform | Outperform | Maintain | Apr 23, 2025 |
| HSBC | Hold | Hold | Maintain | Apr 24, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Apr 24, 2024 |
| Bernstein | Market Perform | Underperform | Upgrade | Oct 12, 2023 |
| Berenberg | Hold | Hold | Maintain | Apr 26, 2023 |
| Jefferies | Hold | Buy | Downgrade | Jan 4, 2023 |
| Bank of America | Buy | Neutral | Upgrade | Sep 27, 2019 |
| Atlantic Equities | Neutral | Underweight | Upgrade | Jul 24, 2019 |
| Macquarie | Outperform | Neutral | Upgrade | Apr 23, 2019 |
| Societe Generale | Hold | Buy | Downgrade | Aug 15, 2018 |
| B. Riley FBR | Neutral | Neutral | Maintain | May 5, 2018 |
| Argus | Buy | Hold | Upgrade | May 5, 2018 |
| CLSA | Underperform | Outperform | Downgrade | Oct 26, 2016 |
| B. Riley Securities | Neutral | Neutral | Maintain | Jan 26, 2016 |
| B. Riley | Neutral | Neutral | Maintain | Jan 26, 2016 |
| BMO Capital | Outperform | Market Perform | Upgrade | Dec 23, 2014 |
| Credit Suisse | Underperform | Underperform | Maintain | Apr 22, 2013 |
| Bank oferica | Buy | Buy | Maintain | Apr 23, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $104.72. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Guggenheim | Analyst unavailable | $120 | $97.22 | +14.6% | Sep 25, 2026 |
| Piper Sandler | Analyst unavailable | $118 | $98.48 | +12.7% | Sep 11, 2026 |
| UBS | Peter Grom | $116 | $110.11 | +10.8% | Aug 5, 2026 |
| Barclays | Analyst unavailable | $115 | $108.48 | +9.8% | Jul 21, 2026 |
| UBS | Analyst unavailable | $115 | $108.13 | +9.8% | Jul 16, 2026 |
| Piper Sandler | Analyst unavailable | $121 | $104.28 | +15.5% | Jun 17, 2026 |
| UBS | Analyst unavailable | $106 | $97.4 | +1.2% | Apr 29, 2026 |
| Barclays | Lauren Lieberman | $99 | $97.1 | -5.5% | Apr 14, 2026 |
| Wells Fargo | Analyst unavailable | $100 | $97 | -4.5% | Apr 8, 2026 |
| Wells Fargo | Analyst unavailable | $110 | $109.41 | +5.0% | Feb 17, 2026 |
| UBS | Peter Grom | $110 | $100.51 | +5.0% | Jan 28, 2026 |
| Barclays | Analyst unavailable | $102 | $99.64 | -2.6% | Jan 16, 2026 |
| UBS | Analyst unavailable | $107 | $98.86 | +2.2% | Jan 14, 2026 |
| Wells Fargo | Analyst unavailable | $105 | $98.52 | +0.3% | Jan 5, 2026 |
| BNP Paribas | Analyst unavailable | $110 | $109.84 | +5.0% | Dec 1, 2025 |
| Morgan Stanley | Analyst unavailable | $125 | $99.79 | +19.4% | Nov 4, 2025 |
| Evercore ISI | Analyst unavailable | $120 | $102.27 | +14.6% | Nov 4, 2025 |
| Barclays | Analyst unavailable | $132 | $119.71 | +26.0% | Nov 3, 2025 |
| RBC Capital | Nik Modi | $162 | $121.45 | +54.7% | Oct 28, 2025 |
| UBS | Peter Grom | $130 | $120.8 | +24.1% | Oct 8, 2025 |
| Piper Sandler | Michael Lavery | $145 | $123.23 | +38.5% | Oct 2, 2025 |
| Barclays | Analyst unavailable | $131 | $124.34 | +25.1% | Oct 1, 2025 |
| Piper Sandler | Korinne Wolfmeyer | $156 | $133.4 | +49.0% | Apr 23, 2025 |
| Wells Fargo | Analyst unavailable | $140 | $140.71 | +33.7% | Mar 28, 2025 |
| Barclays | Analyst unavailable | $144 | $140.56 | +37.5% | Mar 27, 2025 |
| CFRA | Ana Garcia | $151 | $137.75 | +44.2% | Oct 22, 2024 |
| Deutsche Bank | Steve Powers | $142 | $137.34 | +35.6% | Jul 24, 2024 |
| Piper Sandler | Korrine Wolfmeyer | $174 | $140.79 | +66.1% | Jul 11, 2024 |
| RBC Capital | Nik Modi | $165 | $133.3 | +57.6% | Jun 3, 2024 |
| Barclays | Lauren Lieberman | $136 | $137.78 | +29.9% | Apr 25, 2024 |
| Deutsche Bank | Steve Powers | $132 | $127.27 | +26.0% | Mar 28, 2024 |
| HSBC | Alejandro Zamacona | $146 | $127.27 | +39.4% | Mar 28, 2024 |
| Evercore ISI | Javier Escalante | $150 | $127.27 | +43.2% | Mar 28, 2024 |
| Piper Sandler | Korinne Wolmeyer | $152 | $127.27 | +45.1% | Mar 27, 2024 |
| Morgan Stanley | Dara Mohsenian | $153 | $128.98 | +46.1% | Aug 7, 2023 |
| Jefferies | Stephanie Wissink | $150 | $135.66 | +43.2% | Apr 6, 2023 |
| J.P. Morgan | Analyst unavailable | $124 | $136.74 | +18.4% | Jan 13, 2023 |
| Jefferies | Analyst unavailable | $139 | $137.11 | +32.7% | Jan 4, 2023 |
| Deutsche Bank | Analyst unavailable | $123 | $135.48 | +17.5% | Dec 6, 2022 |
| Wells Fargo | Analyst unavailable | $120 | $112.54 | +14.6% | Oct 3, 2022 |
| UBS | Analyst unavailable | $142 | $132.12 | +35.6% | Jul 27, 2022 |
| Deutsche Bank | Analyst unavailable | $134 | $132.14 | +28.0% | Jul 27, 2022 |
| Barclays | Analyst unavailable | $124 | $128.34 | +18.4% | May 23, 2022 |
| Barclays | Lauren Lieberman | $129 | $142.05 | +23.2% | Apr 28, 2022 |
| Deutsche Bank | Steve Powers | $138 | $143.92 | +31.8% | Apr 25, 2022 |
| Morgan Stanley | Analyst unavailable | $137 | $141.64 | +30.8% | Apr 25, 2022 |
| Wells Fargo | Analyst unavailable | $135 | $138.51 | +28.9% | Apr 25, 2022 |
| J.P. Morgan | Andrea Faria Teixeira | $120 | $139.66 | +14.6% | Apr 25, 2022 |
| Goldman Sachs | Jason English | $124 | $125.03 | +18.4% | Apr 3, 2022 |
| UBS | Peter Grom | $138 | $136.25 | +31.8% | Jan 27, 2022 |
| BNP Paribas | Jeff Stent | $148 | $141.86 | +41.3% | Jan 11, 2022 |
| Deutsche Bank | Stephen Powers | $130 | $130.98 | +24.1% | Oct 26, 2021 |
| HSBC | Robert Price | $131 | $135.43 | +25.1% | Sep 9, 2021 |
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Start freeCompany context
Snapshot as of publicationKimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care products in the United States. It operates in two segments, North America and International Personal Care. The North America segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers, and other related products under the Huggies, Pull-Ups, Goodnites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall , and other brand names.…
Historical context
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-14T00:00:50.895859+00:00
- Polygon adjusted daily market bars · 2026-10-16T14:40:42.424396+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-16T14:40:42.422197+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-16. For educational purposes only; not investment advice.