Trending: Unilever Returns to Volume Growth, Launches Buyback
Provided by
Dow Jones
1052 GMT - Unilever is the second most mentioned company across news items over the past two hours, according to Factiva data. The Anglo-Dutch retailer reported sales volumes growth--0.2% for the year and 1.8% in the fourth quarter--for the first time in two years as it rebuilds under its turnaround plans. Unilever--which owns consumer brands such as Ben & Jerry's ice cream and Dove soap--expects underlying sales growth for 2024 to be within the range of 3% to 5%, with more balance between volume and price, and launched a EUR1.5 billion share-buyback program for 2024. Dow Jones & Co. owns Factiva. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 08, 2024 06:07 ET (11:07 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Why We Expect the Job Market’s Slowdown to Renew in 2024
-
5 Undervalued Stocks to Buy to Play a Little Defense
-
10 Top-Performing Dividend Stocks of the Month
-
Marathon Petroleum Earnings: No Change to Competitive Position, but Shares Look Expensive
-
Charlie Munger and How Not to Invest
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?
-
Mastercard Earnings: A Stable Environment Highlights the Firm’s Strengths
-
Pfizer Earnings: Solid Results Supported by Steady Tracking Toward $4 Billion In Cost Cuts
-
Starbucks Earnings: Not a Lot to Like About Results as Global Traffic Sputters