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Stock impact report

Kenvue Reports First Quarter 2024 Results [Yahoo! Finance]

Kenvue Inc. (KVUE) 
Company Research Source: Yahoo! Finance
Reaffirms Fiscal Year 2024 Outlook SKILLMAN, N.J., May 07, 2024 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 Results Net Sales and Organic Growth First quarter Net sales increased 1.1% on top of a 7.3% increase in the prior year period. Organic growth was 1.9% on top of 11.2% Organic growth in the prior year period. Increases in Net sales and Organic growth were primarily driven by sustained momentum in Self Care on st Show less Read more
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