Kimberly-Clark Loses Ground to P&G in Q3
Kimberly-Clark (NYSE: KMB) isn't done feeling the positive impact of soaring demand for consumer staples. The owner of the Huggies diaper and Kleenex tissue brands just announced surprisingly strong third-quarter sales growth while lifting its short-term outlook.
The company joined rival Procter & Gamble (NYSE: PG), which reported results two days earlier, on those encouraging big-picture operating trends. But there's evidence that P&G is gaining more than its fair share of market growth.
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Source Fool.com
