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Kimberly Clark Has Two Big Problems

Kimberly Clark Has Two Big Problems

Investors had low expectations heading into Kimberly Clark's (NYSE: KMB) earnings report but were still disappointed by what the consumer staples giant had to say. Demand trends improved slightly in recent weeks, with organic sales falling 3%, compared to last-quarter's 8% slump. "Our second quarter reflects continued pandemic-driven volatility," CEO Mike Hsu said in a press release.