Kimberley- Clark Updates FY24 Organic Net Sales Growth Outlook To Mid-Single Digits From The Previous Low-To Mid-Single-Digit
Portfolio Pulse from Benzinga Newsdesk
Kimberley-Clark has revised its FY24 organic net sales growth outlook to mid-single digits, an update from the previously forecasted low-to mid-single-digit growth.
April 23, 2024 | 11:05 am
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Kimberley-Clark has updated its FY24 organic net sales growth outlook to mid-single digits, indicating a more optimistic revenue growth expectation.
Updating the sales growth outlook to a higher range suggests Kimberley-Clark is experiencing better-than-expected demand for its products, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
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