Kimberly-Clark Raises FY23 Organic Sales Growth Guidance From 2-4% To 3-5%; Raises Operating Margin Guidance From Up 130 bps To Up 150 bps
Portfolio Pulse from Bill Haddad
Kimberly-Clark has increased its FY23 organic sales growth guidance from 2-4% to 3-5%. The company has also raised its operating margin guidance from up 130 basis points to up 150 basis points.
July 25, 2023 | 11:04 am
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POSITIVE IMPACT
Kimberly-Clark's raised guidance for FY23 organic sales growth and operating margin could potentially lead to a positive impact on its stock price in the short term.
The raised guidance indicates that Kimberly-Clark is expecting better performance in FY23 than previously anticipated. This could make the company's stock more attractive to investors, potentially leading to an increase in its stock price in the short term.
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