The company said net sales for the fiscal first quarter ended March 30, 2025 decreased 3.9% from the prior-year period. Organic sales fell 1.2%, and foreign currency was a 2.7% headwind. Net sales were $3,741 million.

1. 01

   The company said net sales for the fiscal first quarter ended March 30, 2025 decreased 3.9% from the prior-year period. Organic sales fell 1.2%, and foreign currency was a 2.7% headwind. Net sales were $3,741 million.

2. 02

   Kenvue said operating income margin for Q1 was 14.9% (14.1% in the prior-year period), and adjusted operating income margin was 19.8% (22.0% in the prior-year period). Diluted earnings per share were $0.17 ($0.15 a year earlier), and adjusted diluted earnings per share were $0.24 ($0.28 a year earlier).

3. 03

   The company said it updated its full-year 2025 outlook to reflect tariffs and foreign exchange. It expects net sales to change +1% to +3% and organic sales to change +2% to +4% (unchanged). It also said adjusted diluted earnings per share are expected to be about flat year over year.

4. 04

   Kenvue said it appointed Amit Banati as Chief Financial Officer, effective May 12, 2025. Under his offer letter, his base salary is $900,000, his annual bonus target is 110% of base salary, and his annual equity award target value is $3.2 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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