Kenvue Inc

Latest Results (21.10.2025):

Kenvue Inc. announced its financial results for the second quarter of 2025, highlighting a decrease in net and organic sales. The company is undertaking strategic reviews and leadership changes to accelerate profitable growth, while also revising its full-year outlook in response to current market conditions.

Net Sales Decline

Net sales for Q2 2025 decreased by 4.0% compared to the same period last year, primarily driven by a 4.2% decline in organic sales. This decline was partially offset by a 0.3% benefit from foreign currency fluctuations.

Earnings Per Share

The diluted earnings per share for the quarter were $0.22, up from $0.03 in the prior year period. However, the adjusted diluted earnings per share slightly decreased to $0.29 from $0.32 year-over-year.

Margins and Profitability

Gross profit margin contracted to 58.9% from 59.1% year-over-year, while the adjusted gross profit margin decreased to 60.9% from 61.6%. Operating income margin improved significantly to 18.0% from 3.9%, though the adjusted operating income margin remained relatively stable at 22.7% compared to 22.8%.

Leadership Changes

Kirk Perry was appointed as Interim Chief Executive Officer effective July 14, 2025, following the appointment of Amit Banati as the new Chief Financial Officer. Additionally, Anindya Dasgupta was named Group President, Asia Pacific, and Michael Wondrasch will serve as the new Chief Technology & Data Officer starting August 25, 2025.

Revised Full-Year Outlook

Kenvue has revised its full-year 2025 outlook, expecting net sales and organic sales to decrease in the low-single digits with a neutral impact from foreign currency. The company also anticipates a decline in adjusted operating income margin and projects adjusted diluted earnings per share to be between $1.00 and $1.05.