Kenvue Q2 2026: sales up 3.0%, adjusted EPS of $0.31 misses
Kenvue's third straight quarter of sales growth is real but thin: revenue rose 3.0% to $3.955 billion, and only 1.6% of that came from organic growth. Adjusted EPS of $0.31 missed the $0.3256 consensus, and gross margin slipped to 58.2%. With no guidance because of the pending Kimberly-Clark deal, the standalone story now rests on margins, not the top line.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $0.24 versus $0.22 a year ago, and adjusted EPS was $0.31 versus $0.29. Against the $0.3256 consensus estimate, that adjusted figure is about 4.8% below expectations. A $139 million adjustment bridge lifted net income from $456 million on a GAAP basis to $595 million adjusted.
Net sales rose 3.0% to $3.955 billion from $3.839 billion a year earlier, and all three segments grew. Only 1.6% of the gain was organic, with the other 1.4% coming from currency. Inside the organic number, price and mix added 0.9% while volume added just 0.7%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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