P&G to raise prices as tariffs hit costs, lowers annual forecasts [Yahoo! Finance Canada]
Kimberly-Clark Corporation (KMB)
Last kimberly-clark corporation earnings: 4/22 07:30 am
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Source: Yahoo! Finance Canada
U.S. President Donald Trump's sweeping tariffs have roiled global markets and led to fears of a recession in the U.S., the biggest market for P&G, whose products include Tide detergent. "We will have to pull every lever we have in our arsenal to mitigate the impact of tariffs within our cost structure and P&L," said CFO Andre Schulten on a call with reporters. Schulten said pricing and cost cuts were the main levers as changing its raw material sourcing from China would be difficult in the short term due to lack of alternatives. P&G imports raw ingredients, packaging materials and some finished products into the U.S. from China, while the vast majority - roughly 90% - of what it sells is produced domestically, the company spokesperson said. The finance chief pegged the annual hit to its cost of goods at around $1 billion to $1.5 billion. The company's overall cost of products sold in 2024 was $40.85 billion. As sentiment takes a hit and global supply chains unravel, several
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News
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KMB
Earnings
- 10/30/25 - Beat
KMB
Sec Filings
- 12/17/25 - Form EFFECT
- 12/16/25 - Form 424B3
- 12/12/25 - Form S-4/A
- KMB's page on the SEC website