Kenvue Reports First Quarter 2025 Results

About this update from Kenvue Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":224,"url":"https://media.zenfs.com/en/business-wire.com/3c33adde4e43392302445862c6df990a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/BWGELO_ccDtV4eoXDzmfbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ0ODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3c33adde4e43392302445862c6df990a","width":480,"height":224}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Net Sales (3.9)%; Organic Sales1 (1.2)%","length":39,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Maintains Focus On Accelerating Profitable Growth and Optimizing Cost Structure, While Successfully Completing TSA Exits","length":120,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Updates Outlook for FY’25 for Incremental Tariff Costs and Currency","length":67,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":226,"olType":false},{"type":"text","content":"SUMMIT, N.J., May 08, 2025--(BUSINESS WIRE)--Kenvue Inc. (NYSE: KVUE) today announced financial results for the first quarter ended March 30, 2025.","length":147,"tagName":"p"},{"type":"text","content":""In Q1, our teams executed our plans while continuing to navigate an evolving macro and consumer environment," said Thibaut Mongon, Chief Executive Officer. "We are committed and focused on activating our brands while staying agile and flexible to accelerate sustainable profitable growth."","length":310,"tagName":"p"},{"type":"text","content":"First Quarter Summary","length":21,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales decreased 3.9% vs the prior year period, reflecting Organic sales decline of 1.2% and foreign currency headwind of 2.7%.","length":130,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit margin was 58.0% vs 57.6% in the prior year period. Adjusted gross profit margin1 contracted 20 basis points vs the prior year period to 60.0%.","length":156,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating income margin was 14.9% vs 14.1% in the prior year period. Adjusted operating income margin1 was 19.8% vs 22.0% in the prior year period.","length":147,"tagName":"p","attribs":{}}]},{...

More updates from Kenvue Inc.