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Text: Both documents are available on the Investors section of our website.
The release has further information about these adjustments and reconciliations to comparable GAAP financial measures.
Before we get into the Q&A, I'd like to offer some additional perspective on our performance.
Clearly our results did not turn out as we expected and we knew it was a tough comp given our strong growth and record profitability in the year ago quarter.
Now while we expected volatility this year, the external environment has proven to be even more volatile than our expectation at the beginning of the year and versus our April update.
Since we spoke in April, commodity inflation has spiked higher and our supply chain has been challenged.
These dynamics are impacting us and more broadly the industry.
We're also navigating historic levels of demand volatility in Consumer Tissue.
Last year, we worked really hard to support our consumers and our customers as demand increased at a record pace.
While we expect the category to retract this year that decline has meaningfully outpaced our expectation.
This has been driven by reduced at-home consumption due to increased mobility and destocking of both consumer pantries and retailer inventory.
Consumer Tissue has historically been very stable and we expect demand to normalize over time.
We've taken decisive action to offset the impact of raw material inflation.
We have announced pricing in key markets around the world.
Our pricing actions are on track and we expect to fully offset the effects of input cost inflation over time, as we've done in previous cycles.
We've also taken prudent steps to control and reduce discretionary spend across the business.
We expect this to be reflected in our results as we continue to implement these actions.
We view this level of input cost inflation and the COVID driven demand volatility to be discrete issue.
We will continue to take appropriate action to reduce the impact of volatility over time.
At the same time, we remain confident and committed to our approach to building brands.
Despite near-term challenges, we have plenty of bright spots in our business.
Our strategy to invest in our brands is working.
You can see this in our second quarter results broadly across Personal Care and especially in D&E markets.
Excluding North American Consumer Tissue, our organic sales were up 4%.
Personal Care organic sales were up 6% globally, driven by a 4% volume increase.
In D&E markets, personal care organic sales were up 8% with very strong market share performance, including in China, Brazil throughout Eastern Europe, India, Peru and South Africa.
We have recently captured number one diaper share positions in China and Brazil, which reflects the strength of our brand fundamentals with consumers.
Importantly, we're starting to see green shoots in KC Professional.
The business grew year-over-year and sequentially as we saw strength in international markets and positive trends in washroom products.
As more companies transition back to in-person environments, we expect KCP momentum to improve in the back half.
We're encouraged by our underlying brand performance and have made significant progress in addressing the supply challenges we faced earlier this year in our North American Personal Care business.
Looking forward to the second half, we are expecting better results across the business.
We believe the major factors impacting this quarter do not reflect the fundamental health of our business.
We remain committed to our strategy to deliver balanced and sustainable growth for the long term.
We'll continue to execute KC Strategy 2022 and we'll invest in our business for the future.
This includes investments in innovation, commercial capabilities and technology.
Importantly, I also want to emphasize that we are acutely aware of the impact of this pandemic continues to have on our employees, our consumers and our partners and the world.
We will continue to prioritize the health and safety of our people and all that interact with Kimberly Clark.

user
updated earnings outlook reflects significantly higher input cost inflation and lower sales volumes.
q2 reflects continued pandemic-driven volatility.
facing significantly higher input costs and a reversal in consumer tissue volumes from record growth in year ago period.
moved decisively to take pricing actions to mitigate inflationary headwinds and continue to prudently manage costs.
sees 2021 net sales increase 1 to 4 percent.

assistant