Subtext

Kenvue Inc. KVUE

SectorConsumer Staples
Transcripts8
Date range2023-07-20 – 2025-05-08
Calls charted8

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-25-13+0+13+252023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q2 · Overall: +12.92023 Q3 · Overall: +21.82023 Q4 · Overall: +17.52024 Q1 · Overall: +17.32024 Q2 · Overall: +19.32024 Q3 · Overall: +14.82024 Q4 · Overall: +10.22025 Q1 · Overall: +8.8
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-36-18+0+18+362023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q2 · CEO: +17.52023 Q3 · CEO: +31.52023 Q4 · CEO: +31.12024 Q1 · CEO: +24.42024 Q2 · CEO: +22.92024 Q3 · CEO: +23.02024 Q4 · CEO: +15.62025 Q1 · CEO: +14.42023 Q2 · CFO: +16.02023 Q3 · CFO: +14.82023 Q4 · CFO: +8.72024 Q1 · CFO: +16.92024 Q2 · CFO: +26.92024 Q3 · CFO: +15.92024 Q4 · CFO: +13.42025 Q1 · CFO: +2.9
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-33-17+0+17+332023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q2 · Prepared remarks: +21.22023 Q3 · Prepared remarks: +24.02023 Q4 · Prepared remarks: +26.12024 Q1 · Prepared remarks: +25.02024 Q2 · Prepared remarks: +27.12024 Q3 · Prepared remarks: +28.82024 Q4 · Prepared remarks: +19.62025 Q1 · Prepared remarks: +13.02023 Q2 · Q&A responses: +9.92023 Q3 · Q&A responses: +26.12023 Q4 · Q&A responses: +17.42024 Q1 · Q&A responses: +12.12024 Q2 · Q&A responses: +20.12024 Q3 · Q&A responses: +13.32024 Q4 · Q&A responses: +9.62025 Q1 · Q&A responses: +11.6
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.17$1.24$1.312023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q2: $1.262023 Q3: $1.302023 Q4: $1.262024 Q1: $1.182024 Q2: $1.192024 Q3: $1.21

Forward P/E

15.2017.8020.392023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q2: 20.032023 Q3: 16.652023 Q4: 16.702024 Q1: 17.372024 Q2: 15.562024 Q3: 19.20

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2024 Q3 tone ↓ -4.5 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-08+8.8——View →
2024 Q42025-02-06+10.2——View →
2024 Q32024-11-07+14.8$1.2119.2View →
2024 Q22024-08-06+19.3$1.1915.6View →
2024 Q12024-05-07+17.3$1.1817.4View →
2023 Q42024-02-08+17.5$1.2616.7View →
2023 Q32023-10-28+21.8$1.3016.6View →
2023 Q22023-07-20+12.9$1.2620.0View →