Kenvue Inc. (NYSE: KVUE) reported Q1 EPS of $0.26, $0.05 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.95 billion.

2025 Outlook

“As Kenvue enters our next chapter, we expect to accelerate performance throughout the year, while navigating the dynamic external environment contemplated within our outlook,” said Paul Ruh, Chief Financial Officer. “We expect to drive further productivity and operational efficiency gains, which will fund our planned increase in brand investments, positioning us to grow adjusted operating margin for the year.\"

Based on current spot rates, Kenvue initiated the following outlook for Full year 2025. The Company expects:

Net sales change of -1% to +1% year-over-year, with Organic sales growth of +2% to +4% and a ~3% headwind from foreign currency translation.
Adjusted operating income margin improvement year-over-year.
Flat to +2% year-over-year Adjusted diluted earnings per share growth, including a mid-single-digit unfavorable impact from foreign currency.

This outlook does not include any potential impacts from tariffs introduced in 2025.

For earnings history and earnings-related data on Kenvue Inc. (KVUE) click here.