Kimberly-Clark cuts annual forecasts as China quality claims hurt diaper sales

Kimberly-Clark cut its annual sales and profit forecasts on Tuesday, citing a significant hit to second-quarter sales in China that stemmed from what it said were false viral claims about the quality of some of its diaper brands.

Toyota lifts annual forecast despite Q1 profit drop on weak China sales  Reuters

The meatpacker now expects a beef operating loss of up to $650 million for fiscal 2026, up from a prior forecast of $500 million