Kimberly-Clark (KMB) Revenue — Quarter Ended Jun 30, 2024
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The decrease from the prior quarter was modest, while the drop from the year-ago period was more pronounced.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The decrease from the prior quarter was modest, while the drop from the year-ago period was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
-2.2%
Change from the immediately preceding quarter.
Year-over-year
-17.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.4B
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 |
|---|---|---|
| Sep 30, 2023 | $5.1B | +1.6% |
| Dec 31, 2023 | $1.7B | -66.1% |
| Mar 31, 2024 | $4.3B | -16.7% |
| Jun 30, 2024 | $4.2B | -17.6% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, reflecting a sequential contraction. The year-over-year comparison also showed a substantial decline.
Quarterly comparison
Compared with the prior quarter, revenue decreased slightly. Relative to the same quarter one year earlier, the decline was much larger, indicating a sharper year-over-year drop.
What to watch
The filing notes a new operating model and structural cost initiatives, but no specific revenue drivers or risks are discussed for this quarter.