Saturday, October 17, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $81,321 −0.29%ETH $2,410.61 −1.20%SOL $103.78 −0.52%XRP $1.29 −1.33%BNB $714.33 −1.43%DOGE $0.0793 −1.85%Prices: CoinGecko,
Markets

Kimberly-Clark Shares Gain 8% as Kenvue Acquisition Advances

Image: TokenPost

Kimberly-Clark stock closed Oct. 16 about 8% above its Oct. 9 close, as preliminary results showed higher adjusted earnings from continuing operations and the pending Kenvue acquisition advanced through another regulatory step. For the three months ended Sept. 30, Kimberly-Clark estimated net sales of $4.134 billion, down from $4.150 billion a year earlier. Organic sales declined 1.3%, compared with 2.5% growth in the year-ago quarter. Adjusted earnings per share from continuing operations climbed to $1.70 from $1.45. A separate adjusted earnings-per-share measure attributable to Kimberly-Clark fell to $1.70 from $1.82. The preliminary third-quarter figures are unaudited management estimates and may change. The two earnings-per-share calculations use different reporting scopes, giving distinct views of the quarter. Kimberly-Clark left its 2026 outlook unchanged.

Read the full story on TokenPost

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.

Latest in Markets

All Markets stories