- Language: English
- Published: March 2012
- Region: New York
Risk-to-Price Commentary: Clorox Co. And Kimberly-Clark Corp.
- ID: 1712078
- April 2011
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
Facing rising pulp and other commodity costs, Kimberly-Clark Corp. said Monday it would increase prices on most of its North American consumer products, implement additional cost savings, and reduce overhead spending, as it reported a first-quarter profit that declined from the year-ago period. The Dallas-based company said it earned $1.09 per share, compared with $1.14 per share a year ago. Analysts polled by Capital IQ expected per-share earnings of $1.18, on average. Kimberly-Clark cut the low end of its 2011 forecast to $4.80 from $4.90, but kept the high end at $5.05, as it now expects commodity costs, including oil-based materials, of $450 million to $550 million, compared with a previous estimate of $200 million to $250 million. "Our near-term...
Companies mentioned in this report are: Clorox Co.,Colgate-Palmolive Co.,Kimberly-Clark Corp.,Procter & Gamble Co.,Church & Dwight Co. Inc.
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Clorox Co.,Colgate-Palmolive Co.,Kimberly-Clark Corp.,Procter & Gamble Co.,Church & Dwight Co. Inc.