EarningsQ3 2026 Earnings Report
MX:KIMBERA Q3 2026 EPS Results
Actual EPS$0.56
Consensus EPS$0.59
Beat/MissMissed by -$0.03
One Year Ago EPS$0.56
MX:KIMBERA Q3 2026 Revenue Results
Actual Revenue$13.36B
Expected Revenue$13.58B
Beat/MissMissed by -$216.84M
YoY Revenue Growth-0.36%
Earnings Announcement Details
QuarterQ3 2026
Date10/20/2026
TimeAfter Close
Conference CallTuesday, October 20, 2026
MX:KIMBERA Upcoming Earnings
Kimberly-Clark de Mexico SAB de CV's next earnings date is estimated for January 19, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:KIMBERA Q3 2026 Earnings Call
0:00 / 0:00
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
Q3 2026
Earnings Call Date:Oct 20, 2026|
% Change Since:
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Earnings Call Sentiment|Positive
The call was broadly positive, supported by strong margins, MXN 450 million of quarterly cost savings, year-to-date EBITDA and EPS growth, a healthy balance sheet, continued Consumer Products growth, and promising innovation, private label, and pet food initiatives. These positives were partly offset by flat quarterly sales, weak consumer demand, declines in Away from Home and exports, persistent input-cost and labor pressures, higher SG&A and financing costs, and a delayed Kenvue analysis.Company Guidance
Strong Profitability Despite Cost Pressures
Gross profit increased 3.7% and gross margin was 40.3%. Operating profit increased 2.3%, while operating margin improved 60 basis points year-over-year to 21.9%. EBITDA increased 1.6% to MXN 3.4 billion, with an EBITDA margin of 25.5%, within the company's long-term range.
Year-to-Date Earnings Growth
For the year, sales were up 2%, while EBITDA increased 7% and earnings per share increased 8%.
Successful Cost Reduction Program
The cost reduction program generated approximately MXN 450 million of savings during the quarter through global fiber contracting, sourcing changes, alternative fibers, product redesigns, new raw materials in nonwoven fabrics, diaper geometry redesigns, and logistics and distribution efficiencies.
Consumer Products Growth for Fifth Consecutive Quarter
Consumer Products sales increased 1.8%, with balanced contributions from volume and price and mix: 0.9% volume growth and 0.9% price and mix growth. The business delivered growth for the fifth consecutive quarter.
Distribution Efficiency
Distribution expenses were flat despite cost headwinds as the company continued improving its footprint and streamlining logistics operations.
Healthy Balance Sheet and Liquidity
The company reported a total cash position of MXN 20.2 billion as of September 30. Net debt-to-EBITDA was 0.8x and EBITDA-to-net-interest coverage was 9x.
Stable Quarterly Net Income and EPS
Quarterly net income and earnings per share were in line with the prior year at MXN 1.7 billion and MXN 0.56, respectively.
Away from Home Sequential Improvement
Although Away from Home sales decreased 4.7% year-over-year, the business improved 1.7% sequentially in the third quarter, with a particularly stronger September. Management expects a slightly better fourth quarter and a much better 2027 as the economy gains traction.
Innovation Pipeline Expansion
The company reported strong innovation activity in fem care, adult care, and diapers. It is introducing a new diaper with a new absorbent core, described as first in market in Mexico, and expects additional innovations to reach consumers in 2027.
Technology-Enabled Efficiency Initiatives
The company is accelerating plans involving automation, digitalization, and other technology applications to improve end-to-end efficiency and costs. Management expects these efforts to ramp up and accelerate during 2027 and 2028.
Private Label Business Scaling
The private label business is making inroads with several clients and is expected to accelerate significantly next year. Management said the business will likely more than double in size this year and expects it to double again next year, supported by both new business wins and growth in private label categories overall.
Healthy Branded Market Shares
Management said branded product shares remain very healthy. Value shares are either increasing or stable and remain very healthy across pretty much all categories, despite the company's more cautious promotional approach.
Positive Pet Food Consumer Response
The pet food initiative has delivered good results after a little over a year, particularly in the premium segment, where consumer response has been very good. The company continues to grow as expected and plans to bring product improvements and innovations to market.
Broad-Based Investment and CapEx Allocation
CapEx is expected to remain between MXN 100 million and MXN 120 million for the year and at a similar level in following years. Investments are directed toward innovation in diapers, incontinence or adult care, and fem care, as well as productivity, efficiency, and capacity where needed.
Long-Term Margin Confidence
Management reiterated its long-term margin range of 25% to 27% and said it feels comfortable being able to stay within that range, while acknowledging that individual quarters may be above or below the range.
Constructive 2027 Economic Outlook
Management expects steady improvements in demand in 2027, supported by an economic recovery that is slowly gaining traction. It cited increasing private investment, expected growth in public investment, stronger industrial production behind export-oriented manufacturing and resilient construction activity, and continued salary-mass growth.
Strategic Growth Priorities
The KCM Plus strategy focuses on improving core businesses, accelerating diamond categories through consumer-centric innovation and stronger commercial execution, increasing participation in private label, entering growth categories including pet food, improving the end-to-end cost structure, and strengthening capabilities across consumer, retail, and technology trends.
MX:KIMBERA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed