Johnson & Johnson Announces Kenvue as the Name for Planned New Consumer Health Company

An Insights Lab, a high tech, multi-room experience, is designed to transform how Kenvue develops, tests, and showcases its products. Understanding how to harness real-world data and digital insights is essential. The overall financial health of Kenvue is also evidenced by its operating income, which stood at approximately $3.3 billion for the fiscal year 2022, translating to an operating margin of 25%. This reflects effective cost controls and strong product demand in a competitive market. Kenvue leverages direct-to-consumer (DTC) strategies, bolstering its online presence to enhance customer engagement.

Kenvue’s dedication to research and development underscores its mission, with a reported investment of approximately $1.5 billion in R&D for the fiscal year 2023. The company’s portfolio includes over 20 brands and aims to expand its product offering in wellness and personal care segments. Kenvue is strategically positioning itself to leverage market trends toward e-commerce and direct-to-consumer channels, which saw a surge during the pandemic. About Johnson & JohnsonAt Johnson & Johnson, we believe good health is the foundation of vibrant lives, thriving communities and forward progress.

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The company’s mission statement resonates with its corporate social responsibility initiatives, where they have invested over $200 million in community health programs since their inception. Our new home was designed with sustainability in mind and fosters connections and wellness. The building itself is LEED Gold certified, designed to use fewer resources, create less waste and respect the local habitat. Aligned with our Healthy Lives Mission and commitment how can forex trade for beginners to reduce our environmental footprint, the new Global Headquarters in Summit reflects our company’s commitment to a healthy planet. Right past the lobby, Kenvuers and visitors will find Main Street, which is the heart of the building.

• Companies without a firm data quality strategy are set up for a rough road in achieving their sustainability goals, he said.
• The development of this product demonstrates how Kenvue boldly pursues innovative ways to work, creating solutions that can genuinely improve people’s lives.
• The company’s portfolio includes over 20 brands and aims to expand its product offering in wellness and personal care segments.
• “There is no better place to unlock the full potential of our iconic brands than in the state many of our brands have proudly called home for more than 135 years,” says Thibaut Mongon, Chief Executive Officer, Kenvue.
• Additionally, Kenvue aims to achieve a 10% market share in the global consumer health sector by 2025.
• The new headquarters also provides the company with proximity to talent across major areas, such as life science, data, technology, and marketing.

That’s why for more than 135 years, we have aimed to keep people well at every age and every stage of life. Today, as the world’s largest and most broadly-based healthcare company, we are overbought vs oversold committed to using our reach and size for good. We strive to improve access and affordability, create healthier communities, and put a healthy mind, body and environment within reach of everyone, everywhere. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity.

Kenvue Inc. Mission Statement

According to market analysis, nearly 40% of Kenvue’s sales were derived from e-commerce channels in 2023. As of September 2023, Kenvue continued to see positive momentum in its stock performance, with shares trading around $25.30, marking a year-to-date increase of over 15%. By the end of its first trading day on May 19, 2023, Kenvue’s stock rose to $24.21, reflecting an increase of 10% from its IPO price, giving the company a market capitalization of approximately $41 billion. You should view the News section and the most recent SEC Filings in the Investor section in order to receive the most current information made available by Johnson & Johnson Services, Inc. Kenvue’s purpose, Realize the Extraordinary Power of Everyday Care, will guide the company’s actions and long-term aspirations, from strategy to talent philosophy, and more.

Along with the name and purpose, Kenvue’s visual identity represents the company’s timelessness, while allowing space for its iconic brands to also have a home. The new logo centers on the “K” symbol, embodying the company’s strengths – the geometry of the rectangle representing scientific precision and the round edges evoking the warmth of care. This strong, distinctive color works in harmony with the multicolored palette of the company’s portfolio of well-known brands. From best practices to best-in-class products, we learn, test, partner and optimize. Then we move fast to bring real solutions into communities, homes and hands. With leading science and knowledge, we educate and empower — so that when people need us, they can rely on our brands.

• Along Main Street is also The Store, which allows visitors and employees to purchase their favorite Kenvue products.
• The company’s mission statement resonates with its corporate social responsibility initiatives, where they have invested over $200 million in community health programs since their inception.
• There are an estimated one billion consumers of the trusted brands that will fall under the new company name.
• A Sensory Lab enables rapid prototyping and consumer testing, ensuring products meet evolving consumer needs.
• Generating clinical studies and real-world evidence helps to develop and improve our products and brands.
• The diverse mix of shareholders provides a balance between institutional influence and individual stakeholder interests, creating a complex yet dynamic ownership structure.

Our expertise. Your everyday rituals.

But beyond our portfolio of iconic brands, Kenvue is built on a foundation of core values, which fuel our 20,000+ global team members every day. “We believe that daily self-care rituals add up over time and have a profound cumulative impact on your wellbeing. And our work is to put that power into the hands of consumers around the world,” Mongon asserted. Kenvue’s strategy includes robust investment in research and development (R&D), amounting to approximately $500 million in 2023.

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That’s why our Global Headquarters is specially designed to be a place where Kenvuers can do more than just work. Various amenities include a coffee shop, a fitness center, a health clinic, a nursing room, an interfaith room, and a mindspace room to ensure physical and mental well-being. The start of 2025 marks the beginning of a new chapter at Kenvue — our move to a new Global Headquarters in Summit, New Jersey.

This partnership builds upon Kenvue’s pilots that integrate Azure AI, Copilot Studio and 365 Copilot to create efficiencies across supply chain, operations and content creation. The predictive analytics and AI-driven upgrades will help Kenvue expand these efforts. “The new logo centres on the ‘K’ symbol, embodying the company’s strengths – the geometry of the rectangle representing scientific precision and the round edges evoking the warmth of care,” the press release stated. All content is of a general nature and may not address the specific circumstances of any individual or entity. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.

This offering marked one of the largest in the consumer sector since the onset of the COVID-19 pandemic. Get an email with the top market-moving news in bullet point format, for free. Our leadership reflects our consumers and brings to Kenvue a broad range of perspectives.

International markets have become a significant growth avenue, with revenues from outside the U.S. contributing around 30% to total sales. Emerging markets such as Asia and Latin America have been highlighted as strategic growth areas, reflecting a year-over-year growth rate of approximately 10% in those regions. Kenvue aims to achieve a net-zero emissions target across its global operations by 2030 and continues to implement initiatives that support this goal. In 2022, Kenvue reported a reduction in greenhouse gas emissions by 20% as part of its commitment to environmental responsibility.

This purpose-built campus will bring us together to deliver superior performance, unlock higher levels of engagement and growth, and help our teams find their extraordinary every day. “There is no better place to unlock the full potential of our iconic brands than in the state many of our brands have proudly called home for more than 135 years,” says Thibaut Mongon, Chief Executive Officer, Kenvue. The upgrades have allowed the company to move away from laborious data crunching to more efficient and sustainable ways to manage data. Companies without a firm data quality strategy are set up for a rough road in achieving their sustainability goals, he said.

Kenvue Inc., a subsidiary formed from Johnson & Johnson’s consumer health division, generates revenue primarily through a diverse portfolio of consumer healthcare products. As of the latest financial reports, Kenvue offers an array of products, including over-the-counter medications, skincare, and personal care items. Notable brands under Kenvue include Tylenol, Band-Aid, Neutrogena, and Aveeno, coinmama review contributing significantly to its revenue stream. If you’ve heard of Kenvue, you may already know that we’re a global consumer health company.

This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding a five-year collaboration with Microsoft to transform Kenvue’s digital operations. Forward-looking statements may be identified by the use of words such as “plans,” “expects,” “will,” “anticipates,” “estimates” and other words of similar meaning. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Kenvue and its affiliates. Cautions Concerning Forward-Looking StatementsThis press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding future operating and financial performance. Forward-looking statements may be identified by the use of words such as “plans,” “expects,” “will,” “anticipates,” “estimates” and other words of similar meaning.