Kimberly-Clark posts results.
For the three months ended June 30, Kimberly-Clark, Dallas, TX, reported sales of $1.7 billion, a 1.3% decrease from the same quarter a year ago. Net income for the period decreased 0.4% to $133.3 million. For the six month period, sales decreased 1.7% to $3.4 billion compared to the first two quarters of 1992. K-C also reported net income of $258.1 million, a 360% increase from figures a year ago, reflective of the accounting changes instituted in 1992. While sales and earnings improved for many of the company's businesses, lower prices for disposable diapers offset these gains.
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|Date:||Oct 1, 1993|
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