Kimberly Clark's Pandemic Boost Is Over
Kimberly Clark (NYSE: KMB) is suffering a growth hangover. The consumer-staples giant just reported a sharp drop in sales volumes as compared to a year ago, when people were stocking up on essentials at the start of the pandemic.
The slump was still a surprise, given that peers like Procter & Gamble are still growing. But Kimberly Clark's management still believes it can expand the business (just barely) in fiscal 2021. Let's take a closer look.
Image source: Getty Images.
Source Fool.com
