Kimberly-clark announces second quarter 2020 results

Changes in currency rates reduced personal care segment sales by 5 percent in quarter (adds dropped words).kimberly-clark announces second quarter 2020 results.sees fy 2020 adjusted earnings per share $7.40 to $7.60.sees fy 2020 earnings per share $6.35 to $6.90.q2 adjusted earnings per share $2.20.q2 sales $4.6 billion versus refinitiv ibes estimate of $4.5 billion.q2 earnings per share estimate $1.80 -- refinitiv ibes data.q2 earnings per share $1.99.sees fy 2020 sales up 1 to 2 percent.restoring financial guidance for full-year 2020.changes in foreign currency exchange rates reduced sales approximately 4 percent in q2.restarting its share repurchase program.is restoring financial guidance for full-year 2020.restarting its share repurchase program after temporarily suspending both in april due to covid-19 pandemic..second quarter consumer tissue segment sales of $1.6 billion increased 12 percent.qtrly personal care segment sales of $2.2 billion decreased 2 percent.net sales in 2020 are expected to increase 1 to 2 percent year-on-year, including organic sales growth of 4 to 5 percent.sees capital spending of $1,200 to $1,300 million in 2020.qtrly consumer tissue segment sales of $1.6 billion increased 12 percent.
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