Kenvue (KVUE) Revenue — Quarter Ended Dec 31, 2023
The reported revenue declined for the quarter, reflecting a decrease from both the immediately preceding quarter and the same quarter one year earlier. The company's financial results continue to be presented in the context of its recent separation from its former parent.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
The reported revenue declined for the quarter, reflecting a decrease from both the immediately preceding quarter and the same quarter one year earlier. The company's financial results continue to be presented in the context of its recent separation from its former parent.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-6.4%
Change from the immediately preceding quarter.
Year-over-year
-2.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 2, 2023 | $3.9B | +7.3% |
| Jul 2, 2023 | $4B | +5.4% |
| Oct 1, 2023 | $3.9B | +3.3% |
| Dec 31, 2023 | $3.7B | -2.7% |
Revenue performance
Revenue for the quarter was lower than the prior quarter, marking a sequential decline. The year-over-year comparison also showed a decrease.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. When measured against the same quarter one year earlier, revenue was also lower.
What to watch
The company's historical financial information may not fully reflect the results it would have achieved as an independent entity, given the separation completed during the prior fiscal year.