THE WHAT? Kenvue Inc. reported a net sales increase of 5.4% to $4 billion in Q2 2023, along with 7.7% organic growth. A new quarterly cash dividend was also introduced.
THE DETAILS? Value realisation, increased demand in specific health product categories, and gains in sun care drove the growth. Gross profit margin was 55.5%, with an adjusted EBITDA margin of 24.5%. The adjusted earnings per share stood at $0.32.
THE WHY? For 2023, Kenvue expects net sales growth between 4.5% and 5.5% and organic growth between 5.5% and 6.5%. They predict a reported interest expense of around $270 million and an adjusted effective tax rate of 24.5% to 25.5%. The projected adjusted earnings per share range from $1.26 to $1.31.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
-
Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
-
Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
-
Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
-
Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
-
Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
-
Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
-
Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
-
Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
