KVUE · 10-Q · 2026Q2 · Full report
Segment Profitability
Kenvue Inc. · 2026-08-06 · Importance 49 · Surprise 32 · No source text
Six-month segment adjusted operating income increased 9.4% to $2.105 billion from $1.924 billion, led by Skin Health and Beauty’s 46.9% increase to $354 million. Skin Health and Beauty benefited from favorable value realization, 6.7% sales growth, supply-chain savings, lower brand-support expenses, and improved media costs, partly offset by inflation, tariffs, and currency. Self Care profit increased 4.0% to $1.137 billion despite a 0.9% organic-sales decline, while Essential Health profit increased 4.1% despite higher brand-support costs, inflation, tariffs, and unfavorable currency. In the quarter, Skin Health and Beauty profit rose 24.8% to $186 million, while Essential Health declined 10.3% to $315 million and Self Care declined 2.8% to $512 million.
Key facts
- Fiscal six months Skin Health and Beauty Segment adjusted operating income: $354 million, increased $113 million, or 46.9% source
- Fiscal six months total Segment adjusted operating income: $2,105 million versus $1,924 million prior year, an increase of $181 million, or 9.4% source
- Essential Health Segment adjusted operating income increased by $24 million, or 4.1%, to $614 million for the fiscal six months ended June 28, 2026 as compared to the fiscal six months ended June 29, 2025. source
- Fiscal three months total Segment adjusted operating income: $1,013 million versus $1,027 million prior year, a decrease of $14 million, or 1.4% source
- Fiscal six months Self Care Segment adjusted operating income: $1,137 million, increased $44 million, or 4.0% source
- Skin Health and Beauty Segment adjusted operating income for the fiscal three months ended June 28, 2026: $186 million, increased $37 million, or 24.8% source
- Essential Health Segment adjusted operating income for the fiscal three months ended June 28, 2026: $315 million, decreased $36 million, or 10.3% source
- Self Care Segment adjusted operating income for the fiscal three months ended June 28, 2026: $512 million, decreased $15 million, or 2.8% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +4.6% | Fiscal six months total Segment adjusted operating income: $2,105 million versus $1,924 million prior year, an increase of $181 million,… |
| operating_income | positive | realized | +1.1% | Fiscal six months Self Care Segment adjusted operating income: $1,137 million, increased $44 million, or 4.0% |
| operating_income | negative | realized | -0.3% | Fiscal three months total Segment adjusted operating income: $1,013 million versus $1,027 million prior year, a decrease of $14 million,… |