Kimberly-Clark’s sales of $5 billion in the third quarter of 2021 increased 7% versus the prior year. Changes in foreign currency exchange rates increased sales 1% and the net impact of the Softex Indonesia acquisition and exited businesses in conjunction with the 2018 Global Restructuring Program increased sales 2%. Organic sales increased 4% as net selling prices rose 3% and product mix increased sales 1%.

In North America, organic sales increased 3% in consumer products and 16% in K-C Professional. Outside North America, organic sales were up 6% in developing and emerging (D&E) markets and were even with year-ago in developed markets.

In the Personal Care Segment, third quarter sales of $2.7 billion increased 14%. The net impact of the Softex Indonesia acquisition and exited businesses in conjunction with the 2018 Global Restructuring Program increased sales approximately 3%, while changes in currency rates increased sales 1%. Net selling prices increased 4%, volumes rose 3% and product mix improved 2 points. Third quarter operating profit of $496 million increased 2%. Results benefited from organic sales growth, cost savings and reduced marketing, research and general spending. The comparison was impacted by input cost inflation.

Sales in North America increased 11%. Net selling prices increased sales 5%, volumes rose 4% and product mix improved 2 points. Changes in currency rates increased sales 1%, while exited business related to the 2018 Global Restructuring program reduced sales 1%.

Sales in D&E markets increased 18%. The Softex Indonesia acquisition increased sales by approximately 11%, while changes in currency rates increased sales 1%. Net selling prices increased sales 4% and product mix increased sales 3%. Organic sales increased in Argentina, Brazil, China, Eastern Europe, India and South Africa but declined in ASEAN and most of the rest of Latin America.

Sales in developed markets outside North America (Australia, South Korea and Western/Central Europe) increased 11% including a 4 point favorable impact from changes in currency rates. Volumes rose 5% and net selling prices increased sales 2%.