Kimberly-Clark Suffers Setback

Summary


Consumer-products giant Kimberly-Clark Corp. said Monday that its fourth-quarter profit fell 3 percent as tough competition dragged down prices of diapers and training pants.

The results beat Wall Street's expectations, however, after accounting for Kimberly-Clark's spin-off of its pulp business. Revenue rose nearly 8 percent.

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Extract


Kimberly-Clark Suffers Setback

The company also said it plans to boost its dividend 12.5 percent in April a...

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