Kenvue Inc. Files 8-K on Financials and Exit Costs

Ticker: KVUE · Form: 8-K · Filed: 2024-05-07T00:00:00.000Z

Sentiment: neutral

Topics: financial-reporting, operations, disposal-activities

TL;DR

Kenvue dropped an 8-K detailing financials and exit costs. Check it out.

AI Summary

Kenvue Inc. filed an 8-K on May 7, 2024, reporting on its financial condition and results of operations as of May 6, 2024. The filing also details costs associated with exit or disposal activities and includes financial statements and exhibits. Kenvue Inc., formerly JNTL, Inc., is incorporated in Delaware and is in the perfumes, cosmetics & other toilet preparations industry.

Why It Matters

This filing provides investors with crucial updates on Kenvue's financial performance and any restructuring costs, impacting the company's valuation and future outlook.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks to the company.

Key Players & Entities

FAQ

What specific financial results are being reported by Kenvue Inc. in this 8-K?

The 8-K filing indicates it pertains to 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.

What are the 'Cost Associated with Exit or Disposal Activities' mentioned in the filing?

The filing mentions 'Cost Associated with Exit or Disposal Activities' as an item of information, but the specific details and amounts are not included in the provided text.

When did Kenvue Inc. change its name from JNTL, Inc.?

Kenvue Inc. changed its name from JNTL, Inc. on August 25, 2022.

What is Kenvue Inc.'s principal executive office address?

Kenvue Inc.'s principal executive offices are located at 199 Grandview Road, Skillman, New Jersey 08558.

What is the SIC code for Kenvue Inc.?

Kenvue Inc.'s Standard Industrial Classification (SIC) code is 2844, which corresponds to 'Perfumes, Cosmetics & Other Toilet Preparations'.

From the Filing

0001944048-24-000096.txt : 20240507 0001944048-24-000096.hdr.sgml : 20240507 20240507064954 ACCESSION NUMBER: 0001944048-24-000096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240506 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Cost Associated with Exit or Disposal Activities ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Kenvue Inc. CENTRAL INDEX KEY: 0001944048 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 881032011 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41697 FILM NUMBER: 24919510 BUSINESS ADDRESS: STREET 1: 199 GRANDVIEW ROAD CITY: SKILLMAN STATE: NJ ZIP: 08558 BUSINESS PHONE: 908-874-1200 MAIL ADDRESS: STREET 1: 199 GRANDVIEW ROAD CITY: SKILLMAN STATE: NJ ZIP: 08558 FORMER COMPANY: FORMER CONFORMED NAME: JNTL, Inc. DATE OF NAME CHANGE: 20220825 8-K 1 kvue-20240506.htm 8-K kvue-20240506 0001944048 false 0001944048 2024-05-06 2024-05-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):  May 6, 2024 Kenvue Inc.  (Exact name of registrant as specified in its charter) Delaware 001-41697 88-1032011 (State or other jurisdiction  of incorporation) (Commission File Number) (IRS Employer Identification No.) 199 Grandview Road Skillman , New Jersey 08558 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (908) - 874-1200 Not applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share KVUE New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ Item 2.02     Results of Operations and Financial Condition   On May 7, 2024, Kenvue Inc. (“Kenvue” or the “Company”) issued the attached press release (Exhibit 99.1) announcing its financial results for the fiscal first quarter ended March 31, 2024. The information contained under Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to

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