Kenvue (US:KVUE)2024-02-08 16:57Financial Performance - Kenvue's full year 2023 net sales reached $15.4 billion[25], with organic growth of 5.0%[47] - The adjusted gross profit margin for full year 2023 was 58.4%[91], compared to a reported gross profit margin of 56.0%[91] - Full year 2023 adjusted diluted earnings per share was $1.29[258] - The company's Q4 2023 net sales were $3.8 billion[45], a 5.8% increase[45], with organic growth of 7.7%[88] - Adjusted operating income margin for Q4 2023 was 21.8%[94], while the reported operating income margin was 12.5%[95] Segment Performance - Self Care net sales for the fiscal year 2023 were $6.451 billion[13] - Skin Health and Beauty net sales for the fiscal year 2023 were $4.378 billion[17] - Essential Health net sales for the fiscal year 2023 were $4.615 billion[20] 2024 Outlook - Kenvue projects full year 2024 reported net sales growth of 1.0% - 3.0%[170] and organic growth of 2.0% - 4.0%[170] - The company anticipates a full year 2024 adjusted diluted earnings per share of $1.10 - $1.20[170], assuming a diluted weighted average share count of 1.92 billion[171]