Kenvue Inc. — Form 10-Q filed 2025-11-03

Filing text preview

Kenvue reported Q3 FY2025 net sales of $3,764 million, down 3.5% YoY, and net income of $398 million, up 3.9%. For nine months, net sales were $11,344 million, down 3.8%, and net income was $1,140 million, up 54.7%. The company announced a merger with Kimberly-Clark and conducted a goodwill impairment test for Skin Health and Beauty, with fair value exceeding carrying value by ~10%. Tariffs are expected to add ~$150 million annualized costs.