Danone SA
BN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| BN! | LOCK|?N@Pj | LOCK|>#T^t% |
Danone Earnings: Sequential Sales Acceleration Masks China Slowdown; Shares Fairly Valued
Danone's organic sales growth recovered to 4.2% in the second quarter, outpacing the company-compiled consensus—though the latter had expected a higher volume contribution than the 1.9% Danone delivered. The market reacted negatively, with shares down 3% at the market open on July 29.
