Kenvue: First Quarter A Sign Of Challenging Times, But Still A Solid Long-Term Play

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  Posted by Two Blokes May 11 - Filed in Stock - 5 views
  
  Kenvue, a solid dividend-paying stock spun off from Johnson & Johnson, offers long-term upside despite current economic challenges and declining consumer sentiment. Recent earnings showed slight revenue growth, but declines in organic sales and margins, impacted by currency headwinds and destocking in China. Management remains optimistic with 2025 guidance expecting 2%-4% organic sales growth, supported by cost-cutting, marketing, and AI collaboration with Microsoft.