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BreakingStocks

Kimberly-Clark Cuts Guidance Following China Social Media Disruption

First Detected: Aug 4, 2026, 11:30 AM
Last Update: about 1 hour ago
11 articles·2 stories

Event Summary

Kimberly-Clark lowered its annual sales and profit forecasts following a decline in diaper sales in China, driven by false product quality claims on social media. While second-quarter earnings per share exceeded expectations, revenue fell short of estimates at $4.189 billion. On August 11, the company further reduced its 2026 outlook, citing continued weakness in the Chinese market and shipment volatility in North America.

Timeline

US Earnings Diverge: Kimberly-Clark Cuts Outlook While Hims & Hers Raises Guidance
Aug 11, 2026, 3:15 PMImpact: 5
Kimberly-Clark Cuts Guidance Following China Social Media Disruption
Aug 4, 2026, 11:30 AMImpact: 6

Price Impact

Since event start
KMB-3.18%
0JQZ.L-2.21%
ASTS-2.20%