Kenvue Reaffirms FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, Kenvue, Inc. (KVUE) reaffirmed its adjusted earnings and net sales growth guidance for the full-year 2024.

For fiscal 2024, the company continues to project adjusted earnings in the range of $1.10 to $1.20 per share on net sales growth of 1 to 3 percent, with organic sales growth of 2 to 4 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.13 per share on revenue growth of 1.2 percent to $15.64 billion for the year. Analysts' estimates typically exclude special items.

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