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Stock impact report

Kenvue Inc (KVUE) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst Market Challenges [Yahoo! Finance]

Kenvue Inc. (KVUE) 
Company Research Source: Yahoo! Finance
Self-Care Organic Sales Growth: Essential Health Organic Sales Growth: Skin Health and Beauty Organic Sales Decline: Net Interest Expense: $96 million for the quarter. Adjusted Effective Tax Rate: 28.9% for the quarter. Adjusted Net Income: $542 million for the quarter. Full Year Organic Growth Expectation: Towards the low end of 2% to 4% range. Full Year Adjusted Diluted EPS Outlook: $1.10 to $1.20. Warning! GuruFocus has detected 7 Warning Signs with LGND. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Kenvue Inc ( NYSE:KVUE ) delivered year-over-year organic growth of 0.9% in Q3 2024, despite a softer top line. The company achieved strong productivity improvements, resulting in an adjusted gross margin expansion of 130 basis points compared to last year. Kenvue Inc ( NYSE:KVUE ) is on track to invest approximately 20% more in marketing in 2024, focusing on social media an Show less Read more
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