Unilever shares slide after warning of sales miss

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Unilever shares tumbled after the company surprised markets with a warning that it will miss sales targets for the year

) will miss its underlying sales target this year, the consumer goods giant warned on Tuesday, sending shares in the maker of Dove soap and Ben & Jerry’s ice cream into their steepest fall in six months.

“Our full-year underlying sales growth is expected to be in the lower half of the multi-year range,” added Jope, who took on the top job earlier this year.Unilever’s forecast implies it suffered its lowest fourth-quarter sales growth in more than a decade, RBC analysts said. Growth in South Asia - India, Bangladesh, Pakistan, Sri Lanka and Nepal - slowed to 5% this year, Jope said on a media call, marking a “significant deceleration” from last year’s 10% rise.

 

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And I thought the Unilever looked like a Royal Flush. The Walmart in Grants Pass Oregon relies heavily on Unilever and the discontinued lighting in the isle will be a downhill slide indeed. If they switch to LED lighting, worries will fall, and the Safari will cage a new Lion.

Blame it on the Marmite.

Their profits are melting away.

Well B & J Ice Cream is now $4.00 a pint. A little steep for something your going to have to do 3 extra miles for in your work out the next day, once you had a bowl of it. We make Milk in this Country. It should be like $2.00 a pint

At first, I thought on the pic was an assembly line full of Minions. 😆😆😆

Ben & Jerry’s are too focused on selling wokeness

Maybe if Ben and Jerry stayed out of politics?....but you do you boo boo

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