Unilever Backs Guidance as Turnover Beats Forecast
By Michael Susin and Ian Walker
Dove soap owner Unilever backed its full-year guidance after reporting better than-expected turnover for the first quarter as volumes and price dynamics normalize.
The Anglo-Dutch multisector retailer--which also owns consumer brands such as Cif and Domestos cleaning products--continues to expect sales to grow 3% to 5% this year and a modest improvement in operating margin, both on an underlying basis.
Write to Michael Susin at michael.susin@wsj.com and Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
April 25, 2024 02:32 ET (06:32 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
5 Stocks With the Largest Fair Value Estimate Cuts After Q1 Earnings
-
10 Stocks With the Largest Fair Value Estimate Increases After Q1 Earnings
-
Markets Brief: Inflation Back in the Spotlight
-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
3 Dividend Stocks for June 2024
-
After Earnings, Is Alibaba Stock a Buy, Sell, or Fairly Valued?
-
MongoDB Earnings: Slashing Valuation as Execution and Macro to Blame for Lower Guidance
-
Marvell Earnings: We Raise Our Medium-Term AI Forecast and Bring Our Valuation Up to $75
-
Zscaler Earnings: Impressive Traction in Emerging Products Drives Sales Growth for the Quarter
-
Dell Earnings: Raising Valuation on Strong AI, but the Stock Remains Severely Overvalued
-
After Earnings, Is Nvidia Stock a Buy, Sell, or Fairly Valued?
-
The 10 Best Companies to Invest in Now