Company News, Financial News

Kenvue: Fourth Quarter and Full Year 2023 Financial Results

Net sales increased 3.3% to $15.4 billion with organic growth of 5.0%.

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By: Lianna Albrizio

Associate Editor

Kenvue has reported its fourth quarter and full year 2023 financial results.    Full year net sales increased 3.3% versus a 0.7% decrease in the prior year period.    Organic growth increased 5.0% versus a 3.8% increase in the prior year. Increases in net sales and organic growth were comprised of 7.7% value realization (defined as price including mix), and 2.7% volume declines. Volume performance includes the impacts of non-recurring product discontinuations, including portfolio...

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