1054 ET - Kimberly-Clark is walking back its profitability guidance for 2025 in light of an incremental $300 million in costs it expects to incur from President Trump's tariff war. The maker of Kleenex tissues and Huggies diapers says that costs excluding the tariffs are largely in line with what was expected at the end of 2024, CFO Nelson Urdaneta says on a call with analysts. But Trump's 145% levy on Chinese imports is now expected to have a gross impact of about $200 million on Kimberly-Clark's bottom line, he says. Trump's 10% duties on imports from other countries are expected to create a $30 million impact, and reciprocal tariffs against the U.S. should make for another $75 million dent, the CFO says. Shares slide 2.2% to $136.93. (dean.seal@wsj.com)
(END) Dow Jones Newswires
April 22, 2025 10:54 ET (14:54 GMT)
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