Kimberly-Clark (KMB) risk factors: FY2025 10-K

1. Significant increases in prices for raw materials, energy, transportation or other necessary supplies or services, without corresponding increases in our selling prices, could adversely affect our financial results.
2. Failure of key technology systems, cyberattacks, privacy breaches or data breaches could have a material adverse effect on our business, financial condition, results of operations and reputation.Cybersecurity
3. Our international operations are subject to foreign market risks, including changes in foreign currency exchange rates, currency restrictions, political, social and economic instability, and the imposition of increased or new tariffs, which may adversely affect our financial results.rewordedTariffs
4. There is no guarantee that our ongoing efforts to reduce costs will be successful.
5. Our operations in Russia and the surrounding region are impacted by the war in Ukraine.
6. Damage to the reputation of Kimberly-Clark or to one or more of our brands could adversely affect our business.
7. Our inability to attract and retain key personnel could adversely impact our business.
8. Disruption in our supply chain or our manufacturing or distribution operations could adversely affect our business.
9. Our engagement in business development activities, including acquisitions or divestitures of product lines or businesses, could impact our business, consolidated financial condition, results of operations or liquidity.new
10. Disruptions in the credit markets or changes to our credit ratings may adversely affect our business.
11. Climate change and other sustainability matters may adversely affect our business and operations.

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1. Intense competition for sales of our products, changes in consumer purchasing patterns and the inability to innovate or market our products effectively could have an adverse effect on our financial results.
2. Increasing dependence on key retailers and the emergence of new sales channels may adversely affect our business.

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1. Government regulations and enforcement, and potential litigation, could have an adverse effect on our financial results.
2. New or revised tax regulations could have an adverse effect on our financial results.

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1. K-C stockholders and Kenvue stockholders, in each case as of immediately prior to the mergers, will have reduced ownership in the combined company and less influence over management.new
2. The mergers may not be completed and the Merger Agreement may be terminated in accordance with its terms.new
3. Failure to complete the mergers, or a delay in the closing of the mergers, could negatively impact our business, results of operations, financial condition and stock price.new
4. Litigation relating to the mergers could result in an injunction delaying or preventing the closing of the mergers and/or substantial costs or otherwise negatively affect our business and operations.new
5. We will continue to incur substantial transaction-related costs in connection with the mergers.new
6. If the mergers are completed, the combined company may not perform as we or the market expects and may fail to realize the projected benefits and cost savings of the mergers, which could adversely affect the value of the common stock held by our stockholders.new
7. The market price of our common stock will continue to fluctuate after the mergers.new
8. The market price of our common stock after the closing of the mergers may be affected by factors different from those that historically have affected or currently affect our common stock or Kenvue common stock.new
9. The failure to integrate the businesses and operations of K-C and Kenvue successfully in the expected time frame may adversely affect the future results of the combined company.new
10. The mergers may result in a loss of customers, distributors, service providers, suppliers, vendors, joint venture participants and other business counterparties and may result in the termination of existing contracts.new
11. The indebtedness of the combined company following consummation of the mergers will be substantially greater than K-C’s indebtedness on a standalone basis and greater than the combined indebtedness of K-C and Kenvue, in each case, existing prior to the announcement of the Merger Agreement. The indebtedness of the combined company could adversely affect its business flexibility.new
12. We may record goodwill and other intangible assets that could become impaired and result in material non-cash charges to our results of operations in the future.new

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Headings in the FY2024 10-K with no match this year.

1. We face various risks related to health epidemics, pandemics and similar outbreaks, which may have material adverse effects on our business, financial position, results of operations and cash flows.
2. We may acquire or divest product lines or businesses, which could impact our results.