Kimberly-Clark (KMB) Revenue — Quarter Ended Sep 30, 2024
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The decrease from the prior quarter was modest, while the drop from a year ago was much steeper.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The decrease from the prior quarter was modest, while the drop from a year ago was much steeper.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.1%
Change from the immediately preceding quarter.
Year-over-year
-19.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.4B
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 |
|---|---|---|
| Dec 31, 2023 | $1.7B | -66.1% |
| Mar 31, 2024 | $4.3B | -16.7% |
| Jun 30, 2024 | $4.2B | -17.6% |
| Sep 30, 2024 | $4.1B | -19.3% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, continuing a downward trend observed over recent periods.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was substantially lower. The decline from the prior quarter was smaller in magnitude than the year-over-year decrease.
What to watch
The company has initiated a transformation program aimed at improving growth and reducing structural costs, which may affect future revenue trends.