Associated British Foods PLC
ABF: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$P | LOCK|@< | LOCK|<dpL%M |
Associated British Foods: Weak Trading for Primark as Consumer Sentiment Remains Depressed
Associated British Foods issued a trading update for the 16 weeks to Jan. 4 (the first quarter of fiscal 2025). Primark's like-for-like sales declined 1.9%, hit by a weak retail trading environment.
