Irvinecommuter
New member
morekaos said:Not so. KMB is very sector specific in its move...
As US birthrates drop, Kimberly-Clark feels the pinch
DALLAS (AP) ? Americans are having fewer babies, and diaper makers are feeling the pinch.
Kimberly-Clark said Tuesday it will cut as many as 5,500 jobs, or 13 percent of its workforce, in an attempt to lower costs.
The job cuts come as the maker of Huggies and Kleenex ? like other consumer-products companies ? is seeing a decline in demand for some core products as U.S. birthrates fall.
https://www.cnbc.com/2018/01/23/the-associated-press-as-us-birthrates-drop-kimberly-clark-feels-the-pinch.html
Like the Toys R Us announcement, these are companies adjusting to the new realities of retail, nothing more. Probably a good spot to accumulate KMB now ($119). More likely is the plethora of expansion, capital expenditures, special dividends, merger/acquisitions along with increases in employment and salaries will be the new norm
And how does tax cuts help with that? Just gives more incentive for dividends and stock buy backs and increase change to automation.
Toy's R Us is done cause it was heavily into local retail...KC is supplier of goods, not a seller of them.
Again...these "bonuses" are pure PR moves...tax cuts are an 1980s answer to a 2018 problem.