LSE - Delayed Quote GBp

Reckitt Benckiser Group plc (RKT.L)

4,423.00

+67.00

(+1.54%)

At close: 4:36 PM GMT+1

Nestlé growth blip, Unilever volume optimism, Hochdorf gloom, Reckitt woes – Just Food’s week in data

Each week, we bring you a snapshot of the news through data.

Just Food 7 hours ago

NSRGY

RBGLY
Reckitt deflects prospect of infant nutrition spin-off amid US litigation

“We are spending a lot of time thinking about how to best navigate the litigation” – CEO Kris Licht.

Just Food yesterday

RBGLY
Trending tickers: Tesla, Meta, Spotify and Reckitt Benckiser

The latest investor updates on stocks that are trending on Wednesday.

Yahoo Finance UK 2 days ago

^DJI

SPOT

TSLA
With 85% institutional ownership, Reckitt Benckiser Group plc (LON:RKT) is a favorite amongst the big guns

Key Insights Institutions' substantial holdings in Reckitt Benckiser Group implies that they have significant influence...

Simply Wall St. 2 days ago

RBGLY

RBGPF
CORRECTED-UPDATE 5-Reckitt beats like-for-like sales estimates, driven by Dettol, Lysol

Consumer goods group Reckitt's like-for-like sales growth beat estimates in the first quarter as more people bought its Lysol, Dettol and Finish cleaning products even as prices rose, it said in a trading update on Wednesday. Shares in Reckitt were up nearly 6% in morning trade. The company also reiterated that it faces "contingent liabilities" - a term used for those dependent on future events - from a product liability suit filed against its Mead Johnson infant formula business in the United States.

Reuters 2 days ago

RBGLY
Reckitt Benckiser Group Full Year 2023 Earnings: Misses Expectations

Reckitt Benckiser Group ( LON:RKT ) Full Year 2023 Results Key Financial Results Revenue: UK£14.6b (up 1.1% from FY...

Simply Wall St. 19 days ago

RBGLY
Reckitt Benckiser Group (LON:RKT) Has Announced That It Will Be Increasing Its Dividend To £1.16

The board of Reckitt Benckiser Group plc ( LON:RKT ) has announced that it will be paying its dividend of £1.16 on the...

Simply Wall St. 21 days ago

RBGLY
An Intrinsic Calculation For Reckitt Benckiser Group plc (LON:RKT) Suggests It's 43% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Reckitt Benckiser Group fair value estimate is UK£79.74...

Simply Wall St. 25 days ago

RBGLY
Baby formula lawsuit wipes £7bn off FTSE 100 giant

Consumer goods giant Reckitt has suffered a £7bn share price slump after it lost a US legal case claiming its baby formula contributed to the death of a premature child.

The Telegraph last month

^FTSE

RBGLY

COMP
UPDATE 2-Reckitt says many cases filed against baby formula makers

Reckitt said on Monday that many cases had been filed against baby formula makers in general, and it was unclear how many directly related to its unit's Enfamil product. An Illinois jury last week ordered Reckitt unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company's Enfamil baby formula. The jury in a state court in St. Clair County found Mead Johnson was negligent and had failed to warn of the risk of necrotising enterocolitis (NEC).

Reuters last month

RBGLY
Reckitt says many cases filed against baby formula makers

LONDON (Reuters) -Reckitt said on Monday that many cases had been filed against baby formula makers in general, and it was unclear how many directly related to its unit's Enfamil product. An Illinois jury last week ordered Reckitt unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company's Enfamil baby formula. The jury in a state court in St. Clair County found Mead Johnson was negligent and had failed to warn of the risk of necrotising enterocolitis (NEC).

Reuters last month

RBGLY

^FTSE
Here’s what families need to know after a landmark $60 million verdict in baby-formula suit

One family’s verdict in a baby-formula lawsuit brings hope for other families whose newborns developed digestive diseases, though they’re not guaranteed to see the same success.

MarketWatch last month

RBGLY

ABT
Reckitt Shares Plunge on Enfamil Infant Formula Case

Reckitt Benckiser lost almost $7 billion in market value Friday after a jury in an Illinois court ordered its infant-formula unit to pay $60 million in compensation related to the death of a premature baby who was fed its Enfamil product. The consumer-products company’s shares closed down 15% in London, giving the group a market value of almost £31.95 billion, or about $40.74 billion. Reckitt, which counts Dettol, Harpic and Durex among its brands, said Friday that it strongly disagrees with the jury’s decision to fault Mead Johnson and that it doesn’t believe any of its products cause necrotizing enterocolitis, a life-threatening gastrointestinal disease.

The Wall Street Journal last month

RBGLY

RBGPF
Reckitt Benckiser stock sinks on $60M baby formula verdict

Reckitt Benckiser Group (RBGLY) shares are taking a noticeable hit after an Illinois jury awarded a mother $60 million in a lawsuit, where she argued one of the British consumer goods company's baby formula brands led to the death of her baby. Yahoo Finance Live reports on Reckitt's declining stock and the broader implications this news is having on Abbott Laboratories (ABT), who also produces baby formula products. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

RBGLY

RBGPF

ABT
Reckitt Benckiser Sheds Nearly $7 Billion in Market Value After Infant-Formula Verdict

The rout came after it was reported that an Illinois jury ordered the company’s Mead Johnson unit to pay $60 million in compensation related to the death of a premature baby fed Enfamil.

The Wall Street Journal last month

RBGLY

RBGPF
Reckitt to challenge $60 million baby formula verdict, shares sink

London-listed shares of the consumer goods giant dropped more than 15% to their lowest in a decade, as the verdict triggered fears that Reckitt would face more financial liabilities from lawsuits related to the baby formula. An Illinois jury ordered Reckitt unit Mead Johnson on Wednesday to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed Enfamil. "We strongly disagree with the jury's decision to fault Mead Johnson and award damages," Reckitt said in a statement on Friday.

Reuters last month

RBGLY
Reckitt unit hit with $60 million verdict in Enfamil baby formula case in Illinois

An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company's Enfamil baby formula. The jury in an Illinois state court in St. Clair County on Wednesday found that Mead Johnson was negligent and that it failed to warn of the risk of necrotizing enterocolitis (NEC). The $60 million verdict includes compensation for plaintiff Jasmine Watson's loss and grief, and for the pain and suffering of her baby, Chance Dean.

Reuters last month

RBGLY
Reckitt Benckiser Group (LON:RKT) Is Paying Out A Larger Dividend Than Last Year

Reckitt Benckiser Group plc ( LON:RKT ) will increase its dividend from last year's comparable payment on the 24th of...

Simply Wall St. last month

RBGLY
Reckitt Benckiser Group plc Just Missed Earnings - But Analysts Have Updated Their Models

There's been a notable change in appetite for Reckitt Benckiser Group plc ( LON:RKT ) shares in the week since its...

Simply Wall St. last month

RBGLY
In delicate China play, Reckitt turns to livestreaming to sell condoms

Durex-owner Reckitt is hoping that Chinese consumers' penchant for livestream shopping will also extend to purchases of condoms, but the company will have to toe a "delicate line" as it looks to grow its slice of the $5-billion-plus condom market. The hype around livestreaming, which has become a major driving force of an e-commerce boom that has been sweeping China since the beginning of the COVID-19 pandemic, could help the British consumer goods group in its quest to drive growth in the world's second-biggest economy. Reckitt has already tasted success liveselling household products in China, but condoms might prove a harder sell as Chinese regulators closely monitor sex-related content online - without always clearly spelling out what exactly crosses the line.

Reuters last month

RBGLY

Performance Overview

Return	RKT.L	FTSE 100
YTD	-16.14%	+5.26%
1-Year	-29.13%	+3.15%
3-Year	-25.47%	+17.31%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Reckitt Benckiser Group plc (RKT.L)

Nestlé growth blip, Unilever volume optimism, Hochdorf gloom, Reckitt woes – Just Food’s week in data

Reckitt deflects prospect of infant nutrition spin-off amid US litigation

Trending tickers: Tesla, Meta, Spotify and Reckitt Benckiser

With 85% institutional ownership, Reckitt Benckiser Group plc (LON:RKT) is a favorite amongst the big guns

CORRECTED-UPDATE 5-Reckitt beats like-for-like sales estimates, driven by Dettol, Lysol

Reckitt Benckiser Group Full Year 2023 Earnings: Misses Expectations

Reckitt Benckiser Group (LON:RKT) Has Announced That It Will Be Increasing Its Dividend To £1.16

An Intrinsic Calculation For Reckitt Benckiser Group plc (LON:RKT) Suggests It's 43% Undervalued

Baby formula lawsuit wipes £7bn off FTSE 100 giant

UPDATE 2-Reckitt says many cases filed against baby formula makers

Reckitt says many cases filed against baby formula makers

Here’s what families need to know after a landmark $60 million verdict in baby-formula suit

Reckitt Shares Plunge on Enfamil Infant Formula Case

Reckitt Benckiser stock sinks on $60M baby formula verdict

Reckitt Benckiser Sheds Nearly $7 Billion in Market Value After Infant-Formula Verdict

Reckitt to challenge $60 million baby formula verdict, shares sink

Reckitt unit hit with $60 million verdict in Enfamil baby formula case in Illinois

Reckitt Benckiser Group (LON:RKT) Is Paying Out A Larger Dividend Than Last Year

Reckitt Benckiser Group plc Just Missed Earnings - But Analysts Have Updated Their Models

In delicate China play, Reckitt turns to livestreaming to sell condoms

Performance Overview