07:16 AM EDT, 05/08/2025 (MT Newswires) -- Kenvue ( KVUE ) reported Q1 adjusted earnings Thursday of $0.24 per diluted share, down from $0.28 a year earlier.

Analysts polled by FactSet expected $0.23.

Net sales for the quarter ended March 30 were $3.74 billion, compared with $3.89 billion a year earlier.

Analysts surveyed by FactSet expected $3.68 billion.

The company said it updated its 2025 outlook to reflect the impact of tariffs and foreign exchange rates.

Kenvue ( KVUE ) now expects 2025 adjusted diluted EPS growth to be about flat, compared with previous outlook of flat to up 2%. Analysts surveyed by FactSet expect $1.15.

The company raised its net sales growth guidance to a range of 1% to 3%, from the previous range of 1% decline to 1% growth. Analysts polled by FactSet expect $15.42 billion.

Shares of the company rose more than 3% in recent premarket activity.