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Kenvue cuts FY25 adjusted EPS growth view to flat from flat to up 2%

Kenvue (KVUE) updated its outlook for Full Year 2025 to reflect current foreign exchange rates, as well as the estimated impact from higher costs due to tariffs in place as of May 7, 2025. The company expects: Net sales increase of +1% to +3% year-over-year, with Organic sales growth of +2% to +4% (unchanged) and a ~1% headwind from foreign currency translation. Adjusted operating income margin decline year-over-year, reflecting the estimated impact of tariffs. Adjusted diluted earnings per share about flat year-over-year, including a low-single-digit unfavorable impact from foreign currency. The company is working to reduce the financial impact of tariffs through a number of mitigation actions.

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