Consumer and industrial healthcare products maker Kimberly-Clark (NYSE:KMB) said Thursday it is raising prices of certain child-care products and consumer tissues to deal with rising inflation and higher raw material and energy costs.
The Dallas-based company, which sells products such as Huggies, Pull-Ups, Kleenex and Cottonelle, said the price increases will be effective through the second and third quarters of 2011.
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Selling prices in the U.S. and Canada for Huggies baby wipes and diapers will increase on average 3% to 7% starting anytime between June 19 and August 17. Prices for 1,000-sheet Cottonelle and Scott toilet paper will be up about 7% starting June 19.
Kimberly-Clark, which expects to book sales for these consumer products of $4 billion for 2010, said the prices will vary by brand and pack size.