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Stock impact report

Kenvue Reports First Quarter 2024 Results

Kenvue Inc. (KVUE) 
Company Research Source: Business Wire
Q1’24: Net Sales Increased 1.1% to $3.9 Billion with Organic Growth1 of 1.9%Q1’24: Diluted Earnings per Share of $0.15; Adjusted Diluted Earnings per Share1 of $0.28Reaffirms Fiscal Year 2024 Outlook SKILLMAN, N.J.--(BUSINESS WIRE)--Kenvue Inc. (NYSE: KVUE) (“Kenvue”), today announced financial results for the fiscal first quarter ended March 31, 2024.“We entered 2024 with clear strategic priorities to reach more consumers, reinvent our ways of working to invest more behind our brands, and to foster a culture that rewards performance and impact,” said Thibaut Mongon, Chief Executive Officer. “We began executing against these priorities during the quarter, enabling a solid start to the year and advancing Kenvue forward in our ambition to become the undisputed leader in consumer health.”First Quarter 2024 Financial ResultsNet Sales and Organic GrowthFirst quarter Net sales increased 1.1% on top of a 7.3% increase in the prior year period. Organic growth1 was 1.9% on top of 11.2% Orga Show less Read more
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