KVUE · 8-K · 20260806PR000141

Headcount / Restructuring

Kenvue Inc. · 2026-08-06 · Importance 46 · Surprise 42 · In source text

Kenvue’s Board approved the 2026 Restructuring Initiative on February 17, 2026 to optimize the operating model, transform the supply chain, reduce complexity, and improve operating efficiency. The initiative is expected to generate approximately $250 million of pretax restructuring expenses and other charges in fiscal 2026. Six-month 2026 restructuring and operating-model optimization costs totaled $147 million, including $77 million of employee-related severance and termination benefits and $70 million of information-technology and project costs. Second-quarter restructuring expenses were $59 million, compared with $60 million in the prior-year quarter.

Key facts

• The 2026 Restructuring Initiative is expected to result in pre-tax restructuring expenses and other charges totaling approximately $250 million in fiscal year 2026. source
• On February 17, 2026, the Board approved the 2026 Restructuring Initiative to optimize operating model, transform supply chain, reduce complexity, and drive efficiencies. source
• Restructuring expenses recorded for the three months ended June 28, 2026 were $59 million and for the six months ended June 28, 2026 were $130 million. source
• Restructuring expenses and operating model optimization initiatives for the three months ended June 28, 2026 included $29 million of employee-related costs (one-time severance and other termination benefits). source
• Restructuring expenses and operating model optimization initiatives for the three months ended June 28, 2026 included $40 million of information technology and project-related costs. source

Impact estimates