KMB · 10-Q · 2026Q3 · Full report

North America Market Demand

KIMBERLY CLARK CORP · 2026-11-05 · Importance 31 · Surprise 32

North America third-quarter organic sales increased 0.4%, with volume growth of 2.0% partly offset by lower pricing from increased promotional activity. Retailer year-over-year inventory movements were an approximately 130-basis-point headwind in the quarter. For the first nine months, organic sales increased 0.5%, supported by 1.2% volume gains, primarily in Family Care and Professional, while the U.S. private-label diaper business exit partly offset organic growth.

Key facts

• North America organic sales increased 0.4% in the third quarter of 2026, with volume growth of 2.0%, despite an approximately 130-basis-point headwind from retailer year-over-year inventory movements and lower pricing from increased promotions. source
• North America nine-month 2026 organic sales increased 0.5%, driven by 1.2% volume gains primarily in Family Care and Professional categories, partly offset by lower promotional pricing. source