Latest news with #Kimberly-ClarkCorporation
Yahoo
13-05-2025
- Business
- Yahoo
Jim Cramer Says Kimberly-Clark (KMB) Missed the Quarter – Is It Time to Wait and Watch?
We recently published a list of . In this article, we are going to take a look at where Kimberly-Clark Corporation (NYSE:KMB) stands against other buzzing stocks after latest earnings season. Markets were cheering the latest US-China trade deal, after which the two countries will significantly reduce tariffs on each other's imports for 90 days. The deal practically negates all bear cases modeled by Wall Street analysts based on the impact of tariffs. Sylvia Jablonski, Defiance ETFs CEO and CIO, called the deal a 'game changer' during a program on CNBC. 'I think both countries probably saw a little bit of the demise of what would be here with a non-tariff deal as the data came in. You had a lot of complaints around China across all sectors and then in the US, retailers were reaching out to President Trump and saying that shelves are empty and, you know, a lot of panic about semiconductor software companies. I think that this is really a game changer for both countries, and the big message here is that both countries, it sounds like, decided that they really don't want to decouple, and, you know, make America great might also mean that, you know, China stays.' READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In. For this article, we picked 10 stocks currently making moves amid the latest earnings season. With each stock we have mentioned the latest hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Copyright: nicoletaionescu / 123RF Stock Photo Number of Hedge Fund Investors: 45 Jim Cramer was recently asked about Kimberly-Clark. Here is what he said: 'I think you go down to 4.5% because right now that's the operative level. They did not make the quarter. I was a little bummed out. Let's wait till it goes lower.' Overall, KMB ranks 8th on our list of buzzing stocks after latest earnings season. While we acknowledge the potential of KMB as an investment, our conviction lies in the belief that under-the-radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than KMB but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fibre2Fashion
09-05-2025
- Business
- Fibre2Fashion
US' Kimberly-Clark appoints Russ Torres as president & COO
Kimberly-Clark Corporation (NYSE: KMB) announced that Russ Torres, President, North America, has been promoted to President and Chief Operating Officer, effective immediately. As President and COO, Torres will be responsible for the day-to-day operations of Kimberly-Clark's business segments. He will also have responsibility for the Global Supply Chain, R&D, Global Growth and Digital Technology Solutions organizations. Torres will continue to report to Mike Hsu, Kimberly-Clark's Chairman and CEO. Kurt Laufer, current President of US Consumer Sales, will serve as Interim President, North America while the Company conducts a search to identify a permanent successor. Kimberly-Clark has appointed Russ Torres as president and COO, effective immediately. He will oversee global operations including Supply Chain, R&D, and Digital Solutions, reporting to CEO Mike Hsu. Torres previously led the North America business and brings over 25 years of industry experience. Kurt Laufer becomes interim president, North America during the search for a successor. Torres has served as President of Kimberly-Clark's North America business since October 2024, responsible for the Company's personal care, family care and professional businesses in North America. Prior to that, he served as Group President, K-C North America since 2021, where he was responsible for the consumer business in North America, and as President of K-C Professional from 2020 to 2021, where he led business-to-business operations globally. Torres has more than 25 years of experience in the consumer product goods industry, and prior to Kimberly-Clark served in a number of key senior leadership roles at Newell Brands, Bain & Company and Mondelez International (formerly Kraft Foods). "Russ is a purpose-driven leader who has driven commercial transformation and outstanding results in the businesses he has led. Under his leadership, Kimberly-Clark's North America business strengthened its growth trajectory, achieving mid-single digit compound annual growth," said Hsu . "As we embark on the next phase of our Powering Care strategy focused on bringing our global expertise and best-in-K-C proprietary technologies to every market, I'm excited to partner with Russ as we accelerate progress on our enterprise transformation. We're more focused than ever on sharpening operational execution to drive enhanced growth and profitability. Russ is the right leader to take on this new role." Torres commented, "There is incredible potential still to be unlocked at Kimberly-Clark, and I look forward to working with our teams around the world to continue to execute on Powering Care, build on the power of our brands across the mega categories we serve and usher in the next chapter of growth." Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
Yahoo
03-05-2025
- Business
- Yahoo
Kimberly-Clark to Invest Over $2 Billion in U.S. Manufacturing
Kimberly-Clark Corporation announced plans to invest over $2 billion over the next five years in its North America business, marking the company's largest domestic expansion in more than 30 years. The company expects the investments to enhance its U.S. manufacturing capacity. The broad-based investment program will focus on two projects: a new advanced manufacturing facility in Warren, Ohio, and an expansion of its Beech Island, South Carolina, site with an automated distribution center. It will also include additional capital expenditure linked to innovation and automation upgrades across its North America supply chain network. Most read on WATCH: 125-Year-Old Truck Maker to Lay Off Up to 450, Cites Tariffs The American-Made Slate Truck EV Arrives Priced at $20K with No Frills PODCAST: The $25,000 Electric Truck; Pyrex Plant Closes; MEP Funding Turmoil China Says There Are No Negotiations with U.S. Over Tariffs Kimberly-Clark expects the projects to create more than 900 jobs in industrial automation and advanced manufacturing. The new Ohio facility, located in geographic proximity to roughly 117 million consumers, will feature more than 1 million square feet and serve as a vital hub for the Northeast and Midwest regions. Designed to facilitate growth for Kimberly-Clark's personal care categories, the site's proprietary manufacturing technologies will enable the creation of new and improved next-generation consumer products, rooted in material invention, product engineering and manufacturing process innovation. The new Regional Distribution Center (DC) in South Carolina will create the infrastructure necessary to support future scale and unlock network efficiencies. Located next to the company's largest manufacturing facility, the automated DC will significantly increase the site's ability to direct-ship and streamline its distribution footprint. The facility will leverage advanced robotics, AI-powered logistics systems and high-density automated storage to dramatically improve operational efficiencies and fast-track speed to market. "By bringing together manufacturing and distribution under one automated roof, we are building a more agile, responsive and resilient manufacturing network that will enhance service levels for our retail partners and contribute to our gross productivity plan," Kimberly-Clark Chief Supply Chain Officer Tamera Fenske said. Construction for both facilities is scheduled to begin in May 2025 and expected to be completed over the next two to three years. Click here to subscribe to daily newsletters featuring breaking manufacturing industry news. Sign in to access your portfolio
Yahoo
02-05-2025
- Business
- Yahoo
Jim Cramer on Kimberly-Clark (KMB): 'Soft Goods Star – But Wait for a Better Yield!'
We recently published a list of . In this article, we are going to take a look at where Kimberly-Clark Corporation (NYSE:KMB) stands against other stocks on Jim Cramer's radar recently. On Tuesday's episode of Mad Money, Jim Cramer discussed how stock ownership is viewed in the United States. 'Alright, look, lately, we can't go a day without hearing some widespread misperceptions about stock ownership. I gotta tell you, I think it's infuriating. Here we are celebrating the 20th anniversary of Mad Money, dedicated to the proposition that you can potentially make lots of money by picking individual stocks, yet I keep hearing that most Americans don't care about the stock market, and this direction means nothing.' READ ALSO: Jim Cramer Listed 20 Best Performing Stocks of the Last 20 Years and Jim Cramer Recently Discussed These 9 Stocks. Cramer pushed back against the notion that only the wealthy care about or benefit from the stock market. He argued that the perception is not only wrong but dismissive of the millions of everyday people with financial stakes in the market. Moving on to stock ownership, he mentioned that, 'It's the whole reason anyone watches the darn show, and it generally matters, not just to the rich, but to tens of millions of regular people, home gamers, and never let any politician tell you otherwise.' He added: 'More than 60% of Americans have some exposure to the market, either directly or indirectly. 70 million people have active 401Ks. Millions more have retired with them. 60 million people have IRAs. Only 156 million people voted in November. I mean, we're talking half the electorate here.' Cramer insisted that shareholders form a significant constituency in this country and deserve to be recognized as such. He mentioned that 'It's not just arrogant, rich people who own stocks.' He also criticized wealthy individuals who publicly warn others about the risks of stock investing while still taking advantage of its tax benefits themselves. He added: 'Now look, stocks are ridiculously tax advantaged, more than just rich people want that. In a world where probably no more than 10% of this country can retire on their paycheck savings, stocks represent a different kind of social security, a one-sided pack where people try to save and the government dismisses them.' For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 29. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders: 50 A caller asked about Kimberly-Clark Corporation (NYSE:KMB) in light of tariff uncertainty. Here's what Mad Money's host had to say: 'Alright, yields 3.8, I think you go down to 4.5% because right now, that's the operative level. They did not make the quarter. I was a little bummed out. Let's wait till it goes lower.' Kimberly-Clark (NYSE:KMB) manufactures personal care and tissue products. The company provides disposable hygiene items, facial tissues, paper towels, and hygiene solutions for commercial use. On April 17, Cramer said: 'People love the soft goods today. They like Procter & Gamble and Colgate, right? I say take a look at Kimberly-Clark. It's really gotten its act together under CEO Mike Hsu. I don't think people realize that. They ought to.' Overall, KMB ranks 4th on our list of stocks on Jim Cramer's radar recently. While we acknowledge the potential of KMB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than KMB but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Fibre2Fashion
02-05-2025
- Business
- Fibre2Fashion
Kimberly-Clark begins major US expansion with new Ohio & SC facilities
Kimberly-Clark Corporation (NYSE: KMB) announced plans to invest over $2 billion over the next 5 years in its North America business, marking the company's largest domestic expansion in more than 30 years. Amid rising demand for its consumer brands, which include Huggies diapers, Kleenex tissue, Depend incontinence products, Scott kitchen towels, and Cottonelle bath tissue, these investments will significantly enhance its US manufacturing capacity, accelerate its innovation plans and support its ambitious growth targets. This broad-based investment program centers on two transformative projects: a new advanced manufacturing facility in Warren, Ohio, and an expansion of its Beech Island, South Carolina, site with a state-of-the-art automated distribution center. It also includes additional capital expenditure linked to innovation and automation upgrades across its North America supply chain network. Kimberly-Clark will invest over $2 billion in its North America business over five yearsâ€'its largest domestic expansion in over 30 years. The plan includes a new facility in Warren, Ohio, and an automated distribution centre in South Carolina, creating over 900 skilled jobs. The move supports manufacturing capacity, innovation, and long-term growth as part of its Powering Care transformation. These projects are expected to create more than 900 highly skilled jobs in industrial automation and advanced manufacturing. "This landmark investment represents a strategic bet on the American consumer and our ability to drive innovation-led sustainable growth for Kimberly-Clark," said Russ Torres, Group President, Kimberly-Clark North America . "It reflects the confidence we have in our long-term growth plans and complements a broad range of commercial and R&D investments we have been making throughout the business as part of our Powering Care transformation journey." Better Products, Closer to Consumers The new facility in Warren, Ohio, strategically located in geographic proximity to roughly 117 million consumers will serve as a vital hub for the Northeast and Midwest regions. Spread across more than a million square feet, the Warren facility will provide the capacity needed to unleash future growth for Kimberly-Clark's fastest growing personal care categories. Its proprietary manufacturing technologies will enable the creation of new and improved next-generation consumer products, rooted in material invention, product engineering, and manufacturing process innovation. "We welcome Kimberly-Clark's first investment in Ohio," said Ohio Governor Mike DeWine . "Kimberly-Clark has advanced-production facilities all over the world, and the fact that they are now coming to Trumbull County says a great deal about the area's workforce and Ohio's leadership in rebuilding the domestic manufacturing supply." "Kimberly-Clark's decision to make its first Ohio investment in Trumbull County would not have happened without close collaboration from our partner at Lake to River as well as at the state and local level to establish a site that is attractive for both rapid development and long-term growth," said JobsOhio President and CEO J.P. Nauseef . "We all look forward to working closely alongside Kimberly-Clark as it launches its new cutting-edge manufacturing facility," he added. Creating a Simpler, Faster and more Hi-Tech Logistics Network of the Future Meanwhile, a new Regional Distribution Center (DC) in Beech Island, South Carolina, will create the infrastructure necessary to support future scale and unlock network efficiencies. Located next to the company's largest manufacturing facility, the automated DC will significantly increase the site's ability to direct-ship and streamline its distribution footprint. The facility will leverage advanced robotics, AI-powered logistics systems, and high-density automated storage to dramatically improve operational efficiencies and fast-track speed to market. South Carolina Governor, Henry McMaster , said, "Thanks to South Carolina's exceptional business climate, global leaders like Kimberly-Clark Corporation are finding lasting success in our state. The company's commitment to investing in South Carolina is truly something worth celebrating, and we congratulate Kimberly-Clark and Aiken County on this milestone." "These investments in North America represent the strong progress we are making on our end-to-end supply chain transformation, specifically in terms of network optimization," said Tamera Fenske, Kimberly-Clark Chief Supply Chain Officer . "By bringing together manufacturing and distribution under one automated roof, we are building a more agile, responsive, and resilient manufacturing network that will enhance service levels for our retail partners and contribute to our gross productivity plan. Beech Island is the largest site in our network, so this new investment will drive impact at scale," she added. The announcement comes one year after Kimberly-Clark launched its company-wide transformation initiative – the most comprehensive in its 150-year history. The investment underscores how the company is executing against its strategy to deliver on global growth targets, with North America positioned to be a key growth driver. Construction for both facilities is scheduled to begin in May 2025 and expected to be completed over the next 2-3 years. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
