Kenvue (KVUE) Q1 FY25 earnings call

Kenvue navigated a dynamic Q1 FY25 with organic sales declining as anticipated due to strategic price investments and China destocking. The company maintained its full-year organic sales growth outlook, expecting acceleration in the back half as headwinds dissipate and commercial plans gain traction. However, increased tariff costs led to a revised outlook for adjusted operating margin (slight contraction) and adjusted diluted EPS (flat YoY), despite ongoing productivity initiatives and brand investments.