Kimberly-Clark Professional, one of the segments of
) has introduced a sanitizing spray named Scott 24 Hour
Sanitizing Spray that kills 99.9% bacteria for 24 hours. The
spray is effective in eliminating viruses of cold and flu, even
after regular contact with the surface. The spray can be used at
offices, schools, hotels, supermarkets, airports, industrial
facilities, gyms and locker rooms, cruise ships and day care
The launch of this new spray is part of The Healthy Workplace
Project and two programs designed by Kimberly-Clark
Professional to help companies provide hand and surface hygiene
and prevent the spread of cold, flu and other germs.
In first quarter 2013, sales of the Kimberly-Clark
Professional segment declined 1% to $0.8 billion due to reduced
sales volumes and unfavorable currency rates offsetting the
combined impact of higher net selling prices and changes in
However, total sales in the first quarter climbed 1% from the
prior-year quarter. Targeted growth initiatives and product
innovations helped sales and volume growth in the quarter.
Currency fluctuations reduced sales by 1% and the exit of the
diaper segment of Western and Central Europe and lost sales in
conjunction with pulp and tissue restructuring actions also
eroded company sales by 1% in the quarter.
Kimberly-Clark reported adjusted earnings of $1.48 per share,
which breezed past the Zacks Consensus Estimate by 10.4% and the
year-ago result by 19.4%. Earnings were boosted by organic sales
growth, cost savings and improved other income, which made up for
increased input and marketing/research costs and higher tax
We believe that the introduction of this product will not only
benefit the segment but will also keep people healthier, safer
and more productive. Kimberly-Clark holds a Zacks Rank #3
Other consumer staple stocks worth considering include
Flower Foods Inc
Omega Protein Corp
General Mills Inc
). While Flower Foods and Omega Protein hold a Zacks Rank #1
(Strong Buy), General Mills carries a Zacks Rank #2 (Buy).
FLOWERS FOODS (FLO): Free Stock Analysis
GENL MILLS (GIS): Free Stock Analysis Report
KIMBERLY CLARK (KMB): Free Stock Analysis
OMEGA PROTEIN (OME): Free Stock Analysis
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