Kimberly-Clark Corp.’s business that supplies office buildings looks a lot like corporate America’s prospects of going back to the office: not great.
Sales of commercial tissue-paper rolls and toilet-seat covers for the workplace, which makes up about 15% of the company’s sales, plunged last quarter, the company reported on Thursday. The downturn could drag on for months or even years: Amazon.com Inc. is letting corporate employees work from home until at least next summer, while credit-card provider Synchrony Financial, has said at-home work is permanent.
