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Kimberly-Clark to hike North American consumer prices

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DALLAS — Kimberly-Clark Corp. announced that it plans to raise prices in North America for its baby and child care and consumer tissue businesses.

The company said Thursday that the price hikes are slated to take effect during the second and third quarters. It explained that the the increases are necessary to offset inflationary pressure from higher raw material and energy costs.

Net selling prices in the United States and Canada for Huggies baby wipes and diapers, Pull-Ups training pants and GoodNites youth pants will increase on average between 3% and 7%, with implementation timing ranging from June 19 to Aug. 17, according to Kimberly-Clark.

In addition, net selling prices in the United States for Cottonelle and Scott 1000 bathroom tissue will rise roughly 7% starting June 19, with the price changes varying by brand and pack size, the company said.

Kimberly-Clark reported that its net sales in North America for these consumer products exceeded $4 billion last year.


ECRM_06-01-22


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