Kimberly-Clark (KMB) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined sharply compared with both the prior quarter and the same quarter a year earlier. The sequential drop was steeper than the year-over-year decline.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter declined sharply compared with both the prior quarter and the same quarter a year earlier. The sequential drop was steeper than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
-67.2%
Change from the immediately preceding quarter.
Year-over-year
-66.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $5.2B | +2.0% |
| Jun 30, 2023 | $5.1B | +1.4% |
| Sep 30, 2023 | $5.1B | +1.6% |
| Dec 31, 2023 | $1.7B | -66.1% |
Revenue performance
The reported revenue moved lower, reflecting a significant contraction from the preceding quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased substantially. Versus the same quarter one year earlier, revenue also fell, though the year-over-year decline was less pronounced than the sequential drop.
What to watch
The steep sequential revenue decline warrants attention to underlying drivers, as the filing context does not provide specific causes.