Kimberly-Clark Is Still Working On That Rebound
Investors haven't been thrilled with Kimberly-Clark's (NYSE: KMB) unimpressive operating trends in recent quarters. But they've pushed the stock higher in 2019 anyway on hopes that faster growth in the consumer products industry, plus higher profitability, will support better returns for shareholders.
On Tuesday, the maker of Kleenex tissues and Huggies diapers issued earnings results that supported that bullish reading. However, the latest numbers show that Kimberly-Clark's market share position is worsening even as rival Procter & Gamble (NYSE: PG) enjoys its fastest growth rate in over a decade.
Let's dive right into the results.
Source Fool.com
