Kenvue said full-year 2024 net sales increased 0.1% to $15.5 billion, with organic sales growing 1.5% and a foreign currency headwind of 1.4%. The company said organic sales growth comprised 2.7% value realization, partially offset by 1.2% volume decline.

1. 01

   Kenvue said full-year 2024 net sales increased 0.1% to $15.5 billion, with organic sales growing 1.5% and a foreign currency headwind of 1.4%. The company said organic sales growth comprised 2.7% value realization, partially offset by 1.2% volume decline.

2. 02

   Kenvue said full-year 2024 gross profit margin was 58.0%, expanding 200 basis points from 56.0% in the prior year, and operating income margin was 11.9% versus 16.3% in the prior year. The company said operating income margin was impacted by non-cash charges related to asset impairments.

3. 03

   Kenvue said Q4 net sales decreased 0.1% to $3.7 billion, organic sales grew 1.7%, diluted earnings per share were $0.15 versus $0.17 in the prior year period, and adjusted diluted earnings per share were $0.26 versus $0.31 in the prior year period.

4. 04

   Kenvue said it expects full-year 2025 net sales to change -1% to +1% year-over-year, with organic sales growth of +2% to +4%, and that this outlook does not include any potential impacts from tariffs introduced in 2025. Full-year 2024 free cash flow was $1.3 billion versus $2.7 billion in the prior year.

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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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