Kimberly-Clark Lowers Growth Outlook After Depot Fire And China Quality Claims
Guidance·1 article across 1 outlet
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Kimberly-Clark Corp. slightly lowered its growth expectations for the year after its operations were disrupted by a warehouse fire in the second quarter and “false allegations” about the quality of its diapers in China.
The company is facing challenges that have impacted its operational performance, leading to a revision of its growth forecast.
Kimberly-Clark
Sources
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“Kimberly-Clark Corp. slightly lowered its growth expectations for the year after its operations were disrupted by a warehouse fire in the second quarter and “false allegations” about the quality of its diapers in China.”
Bloomberg — Kimberly-Clark Trims Outlook on Depot Fire, China Quality Claims