Kenvue Beats Q1 Estimates, Adjusts Full-Year Outlo…
From Financial Modeling Prep: 2025-05-08 12:26:00
Kenvue (NYSE:KVUE) stock surged over 5% today following better-than-expected Q2 results. Adjusted EPS was $0.24, beating estimates of $0.23. Revenue hit $3.74 billion, surpassing the $3.68 billion forecast. However, the company revised its full-year outlook for fiscal 2025 due to tariffs and currency pressures.
For fiscal 2025, Kenvue anticipates total net sales to increase 1% to 3% YoY. Organic sales growth is projected between 2% and 4%, offset by a 1% impact from foreign exchange. The company warned of a decline in adjusted operating income margin compared to the previous year, attributed to expected tariff costs.
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