Monday, January 9, 2023

Worldwide Consolidated Kimberly-Clark Had Very High Pricing (Inflation) Components in Each of the Most Recent Three Quarters ... +9% in Both the Sept 22 and June 22 Quarters and +6% in the March 22 Quarter That Was Substantially Above That in the Previous Three Quarters, Which Averaged a Modest 2% Per Quarter.

 From its most recent six Quarterly Earnings Releases filed with the US SEC, here are the Higher Pricing (Inflation) Components of Worldwide Consolidated Kimberly-Clark's Net Sales Increases:

  • Sept 2022 +9%
  • June 2022 +9%
  • March 2022 +6%
  • Dec 2021 +2%
  • Sept 2021 +3%
  • June 2021 +1%
Kimberly-Clark's Personal Care Segment's six most recent Quarterly Higher Pricing (Inflation) Components are:
  • Sept 2022 +8%
  • June 2022 +9%
  • March 2022 +8%
  • Dec 2021 +4%
  • Sept 2021 +4%
  • June 2021  0%
Kimberly-Clark's Consumer Tissue Segment's six most recent Quarterly Higher Pricing (Inflation) Components are:
  • Sept 2022 +9%
  • June 2022 +7%
  • March 2022 +5%
  • Dec 2021 (-1%)
  • Sept 2021 +1%
  • June 2021 0%

Clearly, the substantial higher pricing decisions by Kimberly-Clark's CEO which were reviewed by Kimberly-Clark's Board of Directors were one of the causes of US inflation being so high in each of the most recent three quarters ... Sept 2022, June 2022 and March 2022.