earnings
confidence high
sentiment positive
materiality 0.75
Kenvue Q1: net sales +4.5%, adj. EPS $0.32 (+33% YoY); Kim-Clark deal on track H2 2026
Kenvue Inc.
2026-Q1 EPS reported
$0.25
revenue$3,909,000,000
- Net sales +4.5% YoY; organic +0.7%; diluted EPS $0.25 (+47%); adjusted EPS $0.32 (+33%).
- Gross margin expanded 90bps to 58.9%; adjusted gross margin 60.8% (+80bps).
- Operating margin 19.6% vs 14.9% (adj. 24.0% vs 19.8%) on cost actions.
- Pending Kimberly-Clark acquisition (cash & stock) on track H2 2026; shareholder approvals & HSR clearance obtained.
- 2026 Restructuring Initiative approved; ~$250M pre-tax restructuring charges expected in FY2026.
item 2.02item 9.01