THE WHAT? Kenvue reported a 5.1 percent increase in second-quarter sales across its Skin Health and Beauty division, supported by growth in skincare, hair care and e-commerce as the company progressed with its restructuring programme.
THE DETAILS Group revenue increased 3 percent to US$3.96 billion with organicsales rising 1.6 percentand net income reaching US456 million. The Skin Health and Beauty division delivered 3.7 percent organic sales growth, supported by higher volumes and pricing, with gains recorded across all regions. Performance was driven by Neutrogena and OGX, alongside increased digital sales and new product introductions. Kenvue also continued its US$250 million restructuring programme, aimed at improving supply chain efficiency and reducing operating costs. The company confirmed that its proposed acquisition by Kimberly-Clark remained on track for completion in the fourth quarter of 2026, subject to regulatory approvals.
THE WHY? The results highlight the contribution of skincare and hair care to Kenvue’s financial performance as the group prepares for its proposed combination with Kimberly-Clark. Growth across international markets and digital distribution is supporting its cosmetics and personal care portfolio, while restructuring initiatives are intended to improve operational efficiency and profitability.
Source: Kenvue
