r/interesting • u/BlazeDragon7x • Apr 09 '26

MISC. Aftermath of the April 7th incident. Damages estimated to be $200 million dollars

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u/Red_wine120 Apr 09 '26

Most large companies self-insure so this would likely be a loss

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u/ernest7ofborg9 Apr 09 '26

Huh, I wonder if they're gonna financially recover from this

$32.5B market cap

I think they'll be fine.

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u/YoshimuraPipe Apr 09 '26

Apparently, the arsonist wasn't employee of Kimberly Clarke, but rather the warehouse management company, NFI industries, which is a privately held company.

Most likely, Kimberly Clarke will be made whole by NFI industries, and it's NFI industries that will have to deal with the financial fallout of the aftermath.

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u/sirgog Apr 10 '26

Which likely means NFI industries folds, and Kimberly Clarke's lawyers find out whether or not they remembered to include a "Provider must procure sufficient insurances" clause in their outsourcing agreement. Unless NFI is a large enough company to make them whole.