Kimberly-Clark reported sales of $4.6 billion in the second quarter of 2016, down 1% compared to the year-ago period. Changes in foreign currency exchange rates reduced sales 4%. Organic sales rose 3%, as volumes increased 4%, while product mix/other was off 1%.

In K-C’s Personal Care segment, second quarter sales of $2.3 billion decreased 1%. Changes in currency rates reduced sales 6%. Volumes increased 6% while net selling prices were off 1%. Second quarter operating profit of $455 million decreased 4%. The comparison was impacted by unfavorable currency effects and increased marketing, research and general spending on a local currency basis, partially offset by organic sales growth and cost savings.

Sales in North America increased 4%. Volumes improved 8%. Net selling prices were down 3%, including increased promotion activity to support product innovations, and product mix was off 1%. Adult care, child care and feminine care volumes each rose approximately 10% and diaper volumes increased mid-single digits. Overall volumes benefited from innovations, market share improvements and promotion activity, along with category growth in adult care.

Sales in developing and emerging markets decreased 7%, including a 13 point drag from unfavorable currency rates. Volumes increased 6% and net selling prices were up 1%, while product mix was off 1%. The volume growth included gains in Brazil, China, Eastern Europe and South Africa. The higher net selling prices were driven by Latin America in response to weaker currency rates and local cost inflation, mostly offset by declines in China due to increased promotion activity.

Sales in developed markets outside North America (Australia, South Korea and Western/Central Europe) decreased 2% , including a 4 point negative impact from currency rates. Volumes rose 4%, driven by Australia, while net selling prices were off 2%.