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Don't Expect a Quick Profitability Rebound From Kimberly-Clark

Don't Expect a Quick Profitability Rebound From Kimberly-Clark

Kimberly-Clark (NYSE: KMB) recently disappointed investors who were looking for signs of sharply improving operating results in the second half of 2020. The consumer staples giant did manage faster sales growth in the fiscal third quarter, but those gains weren't as robust as peers have been notching. Kimberly-Clark is also seeing a widening profitability gap with Procter & Gamble (NYSE: PG).