| Metric | Value ($ M) | Q1 FY26 |
|---|---|---|
| Revenue | 3.9K | 4.5% |
| Total Income | 3.9K | 4.5% |
| Expenditure | 3.1K | 1.3% |
| PBT | 672.00 | 46.7% |
| Net Profit | 474.00 | 47.2% |
| OPM | 19.62% | 4.70pp |
| NPM | 12.13% | 3.52pp |
| EPS | 0.25 | 47.1% |
Kenvue Reports First Quarter 2026 Results: Net Sales Increased 4.5%
07 May 2026 · 7 May, 4:07 pm
Summary
Kenvue Inc. reported a 4.5% increase in net sales for the first quarter of 2026, with organic sales growing by 0.7%. Diluted earnings per share rose significantly by 47% to $0.25, and adjusted diluted earnings per share increased by 33% to $0.32. The company's gross profit margin and operating income margin also saw improvements. Due to the pending transaction with Kimberly-Clark, Kenvue will not be providing forward-looking guidance.
Key Highlights
- 1
Kenvue's net sales increased by 4.5% in the first quarter of 2026, driven by 0.7% organic sales growth and a 3.8% foreign currency benefit.
- 2
The diluted earnings per share increased by 47% to $0.25, while adjusted diluted earnings per share increased by 33% to $0.32.
- 3
Gross profit margin increased to 58.9% compared to 58.0% in the prior year period.
- 4
Operating income margin expanded to 19.6% from 14.9% in the prior year period.
- 5
Net cash flows from operating activities improved to $0.5 billion compared to $0.4 billion in the prior year period.
- 6
Free cash flow increased to $0.4 billion compared to $0.2 billion in the prior year period.
Management Comments
Kirk Perry
“Our year is off to an encouraging start, as our continued efforts to strengthen the business and sharpen execution resulted in delivering net and organic sales growth for the second consecutive quarter, along with meaningful year-over-year improvement in gross margin, operating margin, and EPS. We remain confident in our ability to navigate ongoing macro uncertainty, as we accelerate our organization and business transformation through our new strategic plans and work toward completing our value-creating combination with Kimberly-Clark in the second half of this year.”
Informational and educational content only. Not investment advice.