First quarter 2013 net sales at Kimberly-Clark Corporation rose by a little more than 1% to $5.3 billion compared to the same period last year. The company posted record profits, up 12% to $783 million from $700 million in the same quarter last year.
PepsiCo reported a net revenue increase of 1% to $12,581 billion from $12,428 billion for the period ended March 23. Its net income declined by slightly more than 1 billion to $1,085 billion from $1,133 billion.
Key Mattel brands drove Mattel sales for the first quarter of 2013. Mattel's net sales for the quarter were $996 million, up 7% compared to $928 million last year, and net income increased dramatically to $38.5 million, or $0.11 per share, compared to last year's first quarter net income of $7.8 million, or $0.02 per share.