2024-01-24 11:45:06 ET
Kimberly-Clark Corporation (KMB)
Q4 2023 Earnings Conference Call
January 24, 2024, 08:30 AM ET
Company Participants
Chris Jakubik - Head of Investor Relations
Mike Hsu - Chairman and Chief Executive Officer
Nelson Urdaneta - Chief Financial Officer
Conference Call Participants
Dara Mohsenian - Morgan Stanley
Lauren Lieberman - Barclays
Jason English - Goldman Sachs
Anna Lizzul - Bank of America
Steve Powers - Deutsche Bank
Andrea Teixeira - JPMorgan
Presentation
Chris Jakubik
Hello. This is Chris Jakubik, Head of Investor Relations at Kimberly-Clark, and welcome to our Fourth Quarter 2023 Business Update.
During our review, we will make some forward-looking statements that are based on how we see things today. Actual results may differ due to risks and uncertainties, and these are discussed in our earnings release and our filings with the SEC.
We will discuss some non-GAAP financial measures during these remarks. These non-GAAP financial measures should not be considered a replacement for, and should be read together with GAAP results. And you can find the GAAP to non-GAAP reconciliations within our earnings release and the supplemental materials posted at investor.kimberly-clark.com.
Today, our Chairman and CEO, Mike Hsu, will provide an update on our overall business performance, and Nelson Urdaneta, our Chief Financial Officer, will provide an overall financial review and our outlook for the coming year.
We have also scheduled a separate live question-and-answer session with analysts. You can access our earnings release, supplemental materials and audio of our Q&A session at investor.kimberly-clark.com. A replay of the Q&A session will be available following the event through the same website.
With that, I will turn it over to Mike.
Mike Hsu
Great. Thank you, Chris, and thanks to everyone for joining us today.
Our fourth quarter results reflect a solid finish to a 2023 that was punctuated by better organic growth and a stronger recovery of costs, margins, and earnings than we anticipated at the start of the year. Our results reflect the hard work and commitment of our people to excite and delight our consumers and customers, while navigating macro-economic challenges that have persisted across our industry....
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Kimberly-Clark Corporation (KMB) Q4 2023 Earnings Call Transcript