Kimberly-Clark now expects costs this year to be nearly double its previous expectations, and it cut its 2011 profit outlook by 10 cents per share to a range of $4.80 to $5.05. Costs are expected to increase between $450 million to $550 million in 2011, compared with its prior estimate for cost increase assumptions between $200 and $250 million. Price increases on most of Kimberly-Clark's products -- and a weaker dollar -- should help pad the company's top-line however, and the company raised its sales growth forecast to a range of 4% to 6%, up from 3% to 4%.
>>See our new stock quote page. Get more stock ideas and investing advice on our sister site, Stockpickr.com.