Kenvue Tops Q1 Estimates as Skin-Health and Beauty Sales Lift Results Ahead of Kimberly-Clark Takeover
Kenvue reported first-quarter results that exceeded analyst expectations, driven by strength in its skin health and beauty portfolio. The consumer health company posted adjusted earnings of $0.32 per share and quarterly net sales of $3.91 billion. Kenvue is in the process of being acquired by Kimberly-Clark in a deal valued at roughly $40 billion, …