---
schema_version: "secwatch.filing_event.v1"
accession: "0001944048-23-000097"
form_type: "8-K"
ticker: "KVUE"
cik: "0001944048"
company_name: "Kenvue Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:55:44.171983+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kenvue Q3 2023 EPS $0.23 / adj $0.31; revenue $3.9B +3.3%; cuts FY guidance on FX and cough/cold season

## Summary
- Net sales $3.9B, +3.3% YoY; organic growth 3.6% driven by 7.1% value realization partly offset by 3.5% volume decline.
- Reported diluted EPS $0.23; adjusted diluted EPS $0.31. Net income $438M vs $586M prior year.
- Adjusted gross margin 59.4% (up 80 bps YoY); adjusted operating margin 23.3% (down 120 bps YoY).
- FY2023 guidance tightened: net sales growth 4.0-4.5%, organic growth 5.5-6.0%, adj EPS $1.26-$1.28 (vs prior higher).
- Declares quarterly cash dividend of $0.20 per share; reaffirms interest expense and tax rate guidance.

## SEC filing metadata
- accession: 0001944048-23-000097
- form_type: 8-K
- ticker: KVUE
- cik: 0001944048
- company_name: Kenvue Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944048/000194404823000097/0001944048-23-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944048/000194404823000097/kvue-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944048-23-000097
- JSON: https://secwatch.observer/filing/0001944048-23-000097.json
- Plain text: https://secwatch.observer/filing/0001944048-23-000097.txt

## Key facts
- Earnings Releases
  Kenvue Inc. reported fiscal third quarter ended October 1, 2023 results: revenue Net Sales Increased 3.3% to $3.9 billion, net income Net income was $438 million, EPS diluted earnings per share was $0.23. Guidance reaffirmed.
  - Period: fiscal third quarter ended October 1, 2023
  - Revenue: Net Sales Increased 3.3% to $3.9 billion
  - Net income: Net income was $438 million
  - EPS: diluted earnings per share was $0.23
  - Guidance: reaffirmed
  - Result: reported results
  source text: except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Kenvue Reports Healthy Third Quarter 2023 Results Net Sales Increased 3.3% to $3.9 billion with Organic Growth 1 of 3.6% Reported Diluted EPS of $0.23 and Adjusted Diluted EPS 1 of $0.31 Declares Quarterly Cash Dividend of $0.20 Per Share SKILLMAN,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944048/000194404823000097/0001944048-23-000097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.