Toilet Paper, Tissues, Diapers About to Get More Expensive: Consumer Goods Company

Toilet Paper, Tissues, Diapers About to Get More Expensive: Consumer Goods Company
Shoppers browse in a supermarket in St. Louis, Missouri, on April 4, 2020. Lawrence Bryant/Reuters
Jack Phillips
Updated:

Consumer goods manufacturer Kimberly-Clark Corp. said it is planning to raise prices for the second time this year due to “significant inflation,” according to its CEO.

The company, which makes Kleenex and Huggies diapers, expects input costs to rise by $1.4 billion to $1.5 billion during the current fiscal year, which is above a prior estimate that called for an increase of $1.3 billion.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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