Kimberly-Clark (KMB) Revenue — Quarter Ended Mar 31, 2024
Revenue rose sharply from the preceding quarter. However, it fell relative to the same quarter last year.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue rose sharply from the preceding quarter. However, it fell relative to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
+156.7%
Change from the immediately preceding quarter.
Year-over-year
-16.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.3B
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 |
|---|---|---|
| Jun 30, 2023 | $5.1B | +1.4% |
| Sep 30, 2023 | $5.1B | +1.6% |
| Dec 31, 2023 | $1.7B | -66.1% |
| Mar 31, 2024 | $4.3B | -16.7% |
Revenue performance
The sequential increase reflects a rebound from the low base of the previous quarter. The year-over-year decrease indicates continued pressure on sales.
Quarterly comparison
The reported revenue was much higher than the preceding quarter's figure. It was lower compared with the same quarter a year earlier.
What to watch
Monitor the impact of the 2024 Transformation Initiative on revenue trends.