Haleon PLC ADR

HLN: XNYS (USA)
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Haleon Earnings: Volume Pressure Leads to Disappointing Results and Guidance Cut

Haleon reported 2.6% organic sales growth for its third quarter: 2.1% from price and 0.5% from volume/mix. Revenue landed 2% below the FactSet consensus. Management lowered guidance for full-year organic sales growth to 2.5% from 4%. Shares were down 15% midday on Oct. 29.

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