Kimberly-Clark Corp., owner of the Scott toilet paper brand, lowered its full-year organic sales forecast after reporting weaker-than-expected results.

Kleenex tissue maker Kimberly-Clark on Tuesday cut its full-year organic net sales forecast after missing Wall Street estimates for third-quarter sales, as cost-conscious consumers swap its pricier personal care goods for cheaper alternatives.

Kimberly-Clark Corp.'s stock was down 3.9% in premarket trades after the consumer products giant reported third-quarter sales just shy of Wall Street's expectations.

Driven by higher prices for its personal care products, Kimberly-Clark’s (NYSE:KMB) profits improved by 5% from a year ago and beat Wall Street’s expectations by $0.12 per share. But while profits improved,