Kimberly-Clark Announces Price Increases for North American Consumer Products Businesses
Aug. 16, 2018 (Press Release) - Kimberly-Clark Corporation (NYSE:KMB) [on Aug. 15] announced that it is notifying customers in the U.S. and Canada of plans to increase net selling prices across a majority of its North America consumer products businesses. The increases will be implemented through changes in list prices and package counts and are necessary to help offset significant commodity cost inflation.
The percentage increases are generally in the mid-to-high single digits on average and will mostly impact Cottonelle and Scott 1000 bathroom tissue, Kleenex facial tissue, Viva paper towels, Huggies diapers, Pull-Ups training pants and GoodNites youth pants.
The increases on Cottonelle bathroom tissue and Viva paper towels will occur in the fourth quarter of 2018 while most of the remaining increases will occur in the first quarter of 2019.
SOURCE: Kimberly-Clark Corporation