Kimberly Clark continue to expect FY14 repurchases of $1.3B-$1.5B The company said it is tracking to meet or potentially exceed 1- to 2-day improvement objective of of cash conversion cycle. Comments taken from slides for Q2 earnings conference call.
Kimberly-Clark raises FY15 FORCE cost savings to $350M from $305M Reports savings from 2014 organization restructuring of $20M. Sees FY15 input cost deflation of $100M-$200M. The company said currency drag is expected to have a negative impact on FY15 EPS by more than 20%. The drag on Q2 EPS was approximately 30c per share. Comments taken from Q2 earnings conference call.