Kimberly-Clark Corporation (KMB) CEO Mike Hsu Presents at Barclays 2020 Global Consumer Staples Conference (Transcript)

Sep. 09, 2020 1:49 PM ETKimberly-Clark Corporation (KMB) StockKMB
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Kimberly-Clark Corporation (NASDAQ:KMB) Barclays 2020 Global Consumer Staples Conference Call September 9, 2020 10:00 AM ET

Company Participants

Mike Hsu - Chief Executive Officer
Maria Henry - Chief Financial Officer

Conference Call Participants

Lauren Lieberman - Barclays

Lauren Lieberman

Our next presentation, we are pleased to welcome Kimberly-Clark. When Mike Hsu stepped in his CEO role, it was through a clear succession plan. But it didn’t seem that there was going to be strategic change coming as well. And yet over the past several months we’ve seen a more growth-oriented mindset clearly take hold and in particular a real focus on end-market execution.

Today, we have Mike and also CFO, Maria Henry with us. They are going to go through some prepared remarks and then I’ll host a Q&A session. So, Mike and Maria, I’ll pass it over to you.

Mike Hsu

Okay. Thank you, Lauren. Thank you for having us and I hope you and certainly everyone on this call are staying healthy and safe. I would like to spend a few minutes highlighting our priorities in the current environment, especially our recent results and our medium-term strategies.

The standard reminders apply today about any forward-looking statements that we make and any reference to non-GAAP financial measures. So, we refer you to our latest 10-K and website for any further information.

Our four key messages for today; one, we are prioritizing the health and safety of our people and our consumers. We are executing our strategies well. We are delivering excellent financial results and we are very optimistic about our opportunities to generate long-term growth and create shareholder value.

Now we have three operating priorities in the current environment and we are managing them well. First and foremost, we are focused on the health and safety of our employees and our

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