Kimberly-Clark’s sales of $4.6 billion in the second quarter of 2018 were up 1% compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by 1%. Organic sales were even year-on-year. Product mix improved 1%, while volumes fell approximately 1% and net selling prices were down slightly. In North America, organic sales decreased 2% in consumer products and increased 2% in K-C Professional. Outside North America, organic sales rose 1% in developing and emerging markets and also in developed markets.

In the Personal Care Segment, second quarter sales of $2.3 billion decreased 1%. Net selling prices fell 2%, while product mix improved 1%. Second quarter operating profit of $461 million decreased 3%. The comparison was impacted by input cost inflation and lower net selling prices, while results benefited from cost savings, reduced marketing, research and general spending and favorable product mix.

Sales in North America decreased 1%. Net selling prices declined nearly 3%, including higher promotion spending to support innovations and growth initiatives, while volumes increased 2%. Volumes were up double-digits in adult care, including benefits from innovations and category growth. Volumes were similar year-on-year in Huggies diapers, baby wipes and child care.

Sales in developing and emerging markets decreased 1%. Currency rates were unfavorable by 2% while the acquisition of the company’s joint venture in India benefited sales by 1%. Product mix improved 2% while net selling prices were down 2%. Volumes were even year-on-year, including increases in Eastern Europe and declines in China and Argentina.

Sales in developed markets outside North America (Australia, South Korea and Western/Central Europe) increased 1%, including a 5 point benefit from favorable currency rates. Volumes were down 3%, driven by South Korea, and the combined impact of changes in net selling prices and product mix reduced sales by 1%.