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Diaper, Tissue, Toilet Paper Prices Likely to Rise, Kimberly-Clark Warns

The Irving-based consumer giant also says supply chain woes aren’t ‘likely to be resolved quickly'

Various Kimberly-Clark Corp. products are arranged for a photograph in Tiskilwa, Illinois, U.S., on Friday, Oct. 16, 2015. Kimberly-Clark is scheduled to report earnings figures on October 21. Photographer: Daniel Acker/Bloomberg via Getty Images

Prices of toilet paper, diapers, facial tissues and paper towels will likely rise in coming weeks as Irving-based consumer giant Kimberly-Clark warned Monday that inflation and supply chain concerns aren’t “likely to be resolved quickly.”

The maker of household items such as Huggies diapers, Kleenex facial tissues and Scott paper towels also cut its annual forecast for the third consecutive quarter. Adjusted earnings will be $6.05 to $6.25 a share this year, the company said, down from a prior projection of as much as $6.90.

CEO Michael Hsu said the company is facing a “volatile and difficult macro environment.”

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