What move does the options market price into Kenvue's report?

Implied ±8.0%, either direction · provisional.

How often does Kenvue move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

KVUENYSEPerfumes, Cosmetics & Other Toilet Preparations

Kenvue Inc. (KVUE) earnings date, market-implied expected move, and options open interest by expiry

19.42

Pre-market19:45 ETdelayed

Open19.55Volume66.6MMkt cap$37.1BP/E22.07EPS0.88Div yield4.32%

Day19.28 – 20.0019%52-wk13.26 – 20.0091%

KVUE

Kenvue Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.0%implied · straddle

17.6020.68

spot 19.14exp Feb 19ATM strike 19ATM straddle 1.81IV 22%

Nov 3 closeprovisional

Expected move

Inputs

Next report

Feb 16

after close · in 104 days

est.Q4 FY26

Calendar

Next report

Last report

−1.28%

vs ±3.8% implied · ×0.34

shaded = implied · ▲▼ = realized

Oct 30 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+3.23%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

1,005 managers

Top fund weight

2.38%

KVUE weight · XLP

N-PORTJun 30 '26

9 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Kenvue (KVUE) is expected to report on Feb 16 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±4.7%
avg realized: ±3.6%

Feb 6 '25Feb 6 '25confirmed±4.0%▼−4.53%×1.12

May 8 '25May 8 '25confirmed±7.8%▲+4.11%×0.52

Aug 7 '25Aug 7 '25confirmed±4.1%▲+1.49%×0.36

Q3 FY25Nov 3 '25confirmed±7.2%▲+12.32%×1.70

Feb 17 '26Feb 17 '26confirmed±3.5%▲+2.55%×0.72

Q1 FY26May 7 '26confirmed±3.6%▲+0.23%×0.06

Q2 FY26Aug 6 '26confirmed±3.6%▼−2.49%×0.68

Q3 FY26Oct 30 '26confirmed±3.8%▼−1.28%×0.34

quarterimplied−15%0+15%realized×

Q3 FY26±3.8%▼−1.28%×0.34

Q2 FY26±3.6%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

1.29OI · 10 expiries · Oct 30 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6 nearer expiries

1,366+5%Nov 62d1.231,110+5%1.23

817−9%Nov 139d7.50109+38%7.50

4,473+1%Nov 2016d0.469,7850%0.46

1,319+32%Nov 2723d15.1687+14%15.16

316+1%Dec 430d0.615180%0.61

73—Dec 1137d0.20365—0.20

6,832−4%Dec 1844d0.798,641+4%0.79

16,3800%Jan 1572d0.3250,6200%0.32

report · Feb 16 · after close · est.

ExpiryPutsCallsP/C

6 nearer expiries

Nov 62d1,366+5%1,110+5%1.23

Nov 139d817−9%109+38%7.50

Nov 2016d4,473+1%9,785

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±8.0%

Funds 4

XLP±0.2%

RSP±0.0%

VTV±0.0%

SPY±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

11.07%as filednet margin · revenue −1.74% QoQ · +3.24% YoY

Revenue

$3.9B−1.74% QoQ

Gross profit

$2.3B+0.56% QoQ

59.55% margin

Operating income

$706M+1.00% QoQ

18.17% margin

Pre-tax income

$609M+1.84% QoQ

Net income

$430M−5.70% QoQ

11.07% margin

Cost of revenue

$1.6B−4.96% QoQ

Operating expenses

$1.6B+0.37% QoQ

SG&A $1.6B

Other operating $6M

Other operating $33M

Other expense

$97M

Tax

$179M+26.06% QoQ

Revenue$3.9B−1.74%

Gross profit

$2.3B+0.56%

59.55% margin

Operating income

$706M+1.00%

18.17% margin

Pre-tax income

$609M+1.84%

Net income

$430M−5.70%

11.07% margin

Cost of revenue

$1.6B−4.96%

Operating expenses

$1.6B+0.37%

SG&A $1.6B

Other operating $6M

Other operating $33M

Other expense

$97M

Tax$179M+26.06%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 27 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

NFP ×1.19· ±1.4% vs ±1.2% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±1.4%6 of 10×1.19

FOMCrate decision±1.3%9 of 24×1.10

PCEpersonal income & outlays±1.2%11 of 19×0.99

GDPgross domestic product±1.1%10 of 19×0.97

CPIconsumer prices±1.0%5 of 10×0.83

CPROFcorporate profits±1.0%6 of 12×0.83

PPIproducer prices±0.7%7 of 10×0.58

Bar = avg |move| to ±2% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 0.22 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 30 '26 · confirmed	0.22	—
Q2 FY26	Aug 6 '26 · confirmed	0.24	—
Q1 FY26	May 7 '26 · confirmed	0.25	—
Q3 FY25	Nov 3 '25 · confirmed	0.21	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod