Kimberly-Clark Corp.: Modeling Cheat Sheet

Research evidence excerpt

Kimberly-Clark Corp.: Modeling Cheat Sheet

emicals, superabsorbants, natural gas, polymers), geopolitical & economic

instability (developing markets contribute ~30% of KMB's sales), foreign currency translation (65% of sales are in non-US currency), competitive

pricing environment, restructuring execution and related business or supply chain disruption, marketing/advertising effectiveness, consumer

acceptance of new products. Upside risk includes Brazil and China performing better than expected leading to organic sales growth performing better

than we anticipate.

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