Overview
- Kimberly-Clark downgraded its 2025 adjusted earnings per share (EPS) forecast from mid-to-high single-digit growth to flat-to-positive growth.
- The company attributed the revision to increased global supply-chain costs driven by U.S. President Donald Trump's broad-based import tariffs.
- First-quarter revenue dropped 6% to $4.84 billion, missing analysts' expectations of $4.88 billion, while adjusted EPS of $1.93 slightly beat forecasts of $1.89.
- CEO Mike Hsu expressed confidence in offsetting rising costs over time through pricing adjustments and operational efficiencies.
- Shares of Kimberly-Clark fell more than 5% in premarket trading following the announcement, reflecting investor concerns over tariff-related headwinds.