Ridgway Knight ’19 pitched Kimberly-Clark (NYSE: KMB) to the Student Managed Investment Fund on March 5, 2019. Originally founded in 1872 in Neenah, WI, Kimberly-Clark is a global health and hygiene company that manufactures and distributes consumer paper products. They sell their products directly to mass merchandisers, e-commerce distributors, and supermarkets amongst many others. Their revenue streams are made up of three major categories: personal care products, consumer tissue, and K-C Professional. Their products include diapers, incontinence products, toilet paper, tissues, paper towels, and feminine hygiene products. They have a market cap of just over $40 billion, and had 2018 revenues of $18.4 billion. Their products reach consumers in over 175 countries. On March 5, the class voted to purchase 90 shares of KMB while selling 100 shares of the consumer staples sector ETF XLP and funding the remaining balance with cash on hand.
![SMIF Member Ridgway Knight ’19 pitched Kimberly-Clark (KMB)](https://smif.blogs.bucknell.edu/files/2019/03/kc-logo.jpg)