- Thomson Reuters StreetEvents
Q1 2024 Finance of America Companies Inc Earnings Call
Q1 2024 Finance of America Companies Inc Earnings Call
BBCMet Gala 2024: Zendaya, Tyla and Sabrina Carpenter lead eye-catching looks
Zendaya, Sabrina Carpenter and Gigi Hadid were among the stars walking the red carpet in New York.
ReutersTylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
Since its spinoff from Johnson & Johnson in May last year, Kenvue has focused on its 15 priority brands to boost growth and said in February it would increase its advertising spending by 15%, or about $300 million, during the year. The self-care segment - which includes cough and cold medicine such as Tylenol and Benadryl - recorded $1.70 billion in net sales, up 3.5% year-on-year and above the average analyst estimate of $1.56 billion, according to LSEG data. Kenvue's skin health and beauty segment, consisting of brands including Neutrogena and Clean & Clear, recorded a 5% drop in first-quarter sales to $1.05 billion, but largely in line with estimates.
