March 31, 2021-- Kimberly-Clark Corporation(NYSE: KMB) announced today that it is notifying customers in the U.S.and Canadaof plans to increase net selling prices across a majority of its North Americaconsumer products business.
The increases will be implemented almost entirely through changes in list prices and are necessary to help offset significant commodity cost inflation.
The percentage increases are in the mid-to-high single digits. Nearly all of the increases will be effective in late June and impact the company's baby and child care, adult care and Scott bathroom tissue businesses.
Certain matters contained in this news release concerning changes in finished product selling prices and the timing of such changes constitute forward-looking statements and are based upon management's expectations and beliefs concerning future events impacting the company. There can be no assurance that these future events will occur as anticipated. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to publicly update them. For a description of certain factors that could cause the company's future results to differ from those expressed in any such forward-looking statements, see Item 1A of the company's Annual Report on Form 10-K for the year ended