Kimberly-Clark (NYSE: KMB) shares haven't performed well compared with either the market or rivals like Procter & Gamble (NYSE: PG) in recent months. The consumer staples giant has been struggling with relatively weak sales trends, and earnings have been hit by soaring costs. Those factors suggest investors are better off owning P&G if they want exposure to this steady growth niche.
But Kimberly-Clark just gave investors a few reasons to question that bearish outlook. In its fiscal first-quarter earnings report, the owner of hit brands like Kleenex and Huggies revealed accelerating sales growth and robust cash flow. And while the company is still trailing P&G in key operating metrics, the stock seems more attractive today.
Let's look at a few reasons to like Kimberly-Clark shares.
For further details see:
3 New Reasons to Like Kimberly-Clark Stock