With its dominant position as a maker of household essentials, it generated over $20 billion in revenue in 2022, and customers rely on its popular brands, such as Huggies diapers and Kleenex tissues. These types of giant, established companies typically demonstrate slow growth, and on occasion flat or even declining sales. Impressively, CEO Mike Hsu told investors in the 2022 fourth-quarter conference call that "these actions enabled us to fully offset inflation and currency headwinds in 2022 on a dollar basis."