The maker of Kleenex tissues, Huggies diapers, Kotex feminine products and Scott paper products and other well known brands, also stated that its full-year profit will be towards the lower end of expectations due to higher costs for materials like pulp.
Kimberly-Clark, a United Way of America Summit Award recepient, is 15 months into a restructuring plan that includes cutting 6,000 jobs in order to cut costs that will reach more than $350 million this year despite oil costs having fallen.
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