earnings
confidence high
sentiment negative
materiality 0.75
Kenvue Q1 net sales -3.9%, adj EPS $0.24; appoints new CFO Amit Banati
Kenvue Inc.
2025-Q1 EPS reported
$0.17
revenue$3,741,000,000
- Net sales decreased 3.9% YoY; organic sales -1.2% (volume -0.9%, value -0.3%); FX headwind 2.7%.
- Adjusted diluted EPS $0.24 vs $0.28 prior year; GAAP diluted EPS $0.17 vs $0.15.
- FY2025 outlook: net sales +1% to +3% (organic +2% to +4% unchanged); adj EPS about flat YoY; adj op margin to decline due to tariffs.
- Amit Banati appointed CFO effective May 12, 2025; succeeds Paul Ruh who remains strategic advisor through May 16.
- Banati compensation: $900k base salary, 110% bonus target, $3.2M equity target; plus sign-on awards tied to Mars/Kellanova closing.