Need Help? (888) 742-5060

In The News:

Kimberly-Clark’s Q3 Sales Down 2%

Kimberly-Clark Corp., Dallas, TX, reported third-quarter sales of $4.6 billion, down 2 percent compared with the same period a year ago. The company reported net income of $451 million, down 20 percent compared to the year-ago period.

Changes in foreign currency exchange rates reduced sales during the quarter by 3 percent while organic sales increased 1 percent, the company said.

In a separate announcement, Kimberly-Clark said it has appointed Michael D. Hsu chief executive officer, effective January 1, 2019. Hsu has served as Kimberly-Clark's president and chief operating officer since January 1, 2017. He succeeds Thomas J. Falk, who has served as CEO since 2002 and as chairman of the company’s board of directors since 2003. Falk will become executive chairman of the Kimberly-Clark board of directors to help ensure a smooth transition, the company said.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center