Kenvue (KVUE) Revenue — Quarter Ended Sep 29, 2024
Revenue declined in the quarter, compared to the immediately preceding quarter and also compared to the same quarter one year earlier. The decrease from the prior year was less pronounced than the sequential drop.
Key takeaway
Quarter ended Sep 29, 2024 · FY2024 Q3
Revenue declined in the quarter, compared to the immediately preceding quarter and also compared to the same quarter one year earlier. The decrease from the prior year was less pronounced than the sequential drop.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-2.5%
Change from the immediately preceding quarter.
Year-over-year
-0.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.5B
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 |
|---|---|---|
| Dec 31, 2023 | $3.7B | -2.7% |
| Mar 31, 2024 | $3.9B | +1.1% |
| Jun 30, 2024 | $4B | -0.3% |
| Sep 29, 2024 | $3.9B | -0.4% |
Revenue performance
The quarter's revenue showed a decrease from both the prior quarter and the year-ago period, marking a continuation of mixed performance in recent quarters.
Quarterly comparison
Sequentially, revenue was lower than the previous quarter. Year over year, revenue also declined, though the annual decrease was smaller than the sequential decrease.
What to watch
Observe whether revenue can stabilize in the coming quarters given the recent pattern of declines.