Kenvue's second-quarter adjusted profit was 31 cents per share, slightly below analysts' average expectation of 32 cents; sales increased by 3% to $3.96 billion, also slightly below analysts' expectation of $3.97 billion. The company's adjusted gross margin decreased to 60.2% from 60.9% a year ago, primarily due to inflation, tariffs, and exchange rate-related costs. The company is currently in the process of a $40 billion acquisition by Kimberly-Clark, with the transaction expected to be completed in the fourth quarter of 2026.