Kenvue (US:KVUE)2023-07-20 15:14Financial Performance - Reported net sales increased by 5.4% to $4 billion, with organic growth of 7.7%[21] - Full year 2023 organic growth is expected to be between 5.5% and 6.5%[21] - Reported EPS was $0.23, and adjusted EPS was $0.32[21] - Adjusted gross profit margin was 59.3% in Q2 2023 compared to 57.5% in Q2 2022[49] - Adjusted EBITDA margin was 24.5% in Q2 2023 compared to 26.8% in Q2 2022[51] - Adjusted net income was $581 million in Q2 2023 compared to $732 million in Q2 2022[54] Segment Performance - Self Care segment reported net sales increased 12.2%, with organic growth of 14.2%[44] - Skin Health & Beauty segment reported net sales increased 1.9%, with organic growth of 3.4%[44] - Essential Health segment reported net sales increased 0.5%, with organic growth of 3.8%[46] Guidance - The company anticipates a reported net sales growth between 4.5% and 5.5% for fiscal year 2023[59] - The company anticipates adjusted earnings per share between $1.26 and $1.31 for fiscal year 2023[59]