Novartis AG Registered Shares
NOVN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$% | LOCK|HP | LOCK|XBKZZ!#w |
Novartis Earnings: Strong Momentum in Growth Products Offset by Entresto's Generic Erosion
Novartis' net sales declined 5% at constant currency and core operating income fell 14% in the first quarter. Management reiterated its full-year guidance for low-single-digit sales growth and a low-single-digit decline in core operating income.
