Overview

• Kenvue posted adjusted earnings per share of $0.24 and net sales of $3.74 billion for Q1 2025, surpassing analyst expectations.
• The company raised its 2025 net sales growth forecast to 1%-3%, up from a prior range of -1% to 1%, while maintaining organic sales growth guidance at 2%-4%.
• Tariff-related pressures are expected to weigh on operating income margins, with adjusted EPS projected to remain flat for the year.
• Amit Banati will replace Paul Ruh as Kenvue’s Chief Financial Officer starting next Monday, bringing experience from his previous role at Kellanova.
• Kenvue shares rose over 6% following the earnings report and are up approximately 8% year-to-date.