Confirms FY guidance (Il Sole 24 Ore Radiocor) - New York, 07 May - The US consumer health company Kenvue said said that in the first quarter diluted earnings per share fell to 0.15 dollars from 0.27 dollars a year earlier, and adjusted diluted EPS dropped to 0.28 dollars from 0.37 dollars.

Net sales increased 1.1% to 3.9 billion dollars with organic growth of 1.9%.

Kenvue reaffirmed its outlook for 2024.

The group expects full-year net sales growth to be 1.0-3.0% and organic growth of 2.0-4.0%.

It continues to anticipate adjusted operating income margin to be slightly below 2023 and adjusted diluted EPS to be 1.10-1.20 dollars.

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(RADIOCOR) 07-05-24 18:53:23 (0763) 5 NNNN