Kenvue stock in focus: earnings beat meets a $250 million restructuring bill and job cuts
Kenvue shares fell 1.55% to $18.41 Tuesday after announcing a $250 million restructuring plan and a 3.5% workforce cut for 2026. Fourth-quarter sales reached $3.78 billion, with adjusted profit of 27 cents per share, both above estimates. The company is awaiting foreign regulatory approval for its sale to Kimberly-Clark.