Kimberly-Clark's tissue sales surge 13%, suspends annual forecast

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“A combination of increased consumer demand for our products and strong execution by our teams is reflected in our first quarter results,” Chief Executive Officer Mike Hsu said in a statement.

Net sales for the three-months ended March 31 rose about 8% to $5.01 billion. Analysts were expecting sales of $4.89 billion, according to IBES data from Refinitiv.