RELATED: Diaper shortage hits US amid COVID-19 pandemic, supply chain issuesThe Irving, Texas-based consumer products maker has over the past year dealt with higher input, freight and labor costs which have squeezed margins.
Kimberly-Clark’s profit margin fell to 29.6% in the quarter, down from 33% the year prior.Inflation concerns caused the company on Monday to lower its full-year outlook for the second time in three months.Lumi by Pampers is an all-in-one baby monitor system that tracks your baby's activity, including their diapering needs.Management forecasts organic sales will decline 1% to 2% this year and adjusted earnings per share will be in the range of $6.05 to $6.25 per share.