Danone SA
BN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| blN | LOCK|v?&?X | LOCK|#>N?Cz< |
Danone: Price-Led Growth Raises Volume Concerns; Shares Slightly Undervalued
Danone's organic sales grew 4% in the third quarter, landing slightly above company-compiled consensus estimates. However, volume growth decelerated substantially on a sequential basis, contributing just 0.4% to top-line growth.
