|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||55.32 - 55.69|
|52 Week Range||50.74 - 58.07|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||21.97|
|Forward Dividend & Yield||1.77 (3.25%)|
|1y Target Est||50.00|
The maker of everything from Dove soap to Marmite, Unilever has had a bumpy year, and it ended with a miss on analyst sales forecasts. Julian Satterthwaite reports.
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LONDON (Reuters) - Unilever has acquired British snack brand Graze for an undisclosed price, boosting the group's presence in food, it said on Tuesday. The deal price was not disclosed. (Reporting by Martinne ...
While the Facebook (FB) earnings are getting most of the attention today on Wall Street, it would be a lot easier to live without your friends' data feed on the social media giant than it would be to go without washing your hair, cleaning your home or even having dessert. Warning! GuruFocus has detected 1 Warning Sign with FB. Unilever's new CEO, Alan Jope, said that he expects market conditions "to remain challenging" in the coming year, and that sales will grow at the lower end of the target range.
Unilever is stockpiling ice creams in Britain and deodorants in continental Europe to guard against potential supply disruptions in the event of a no-deal Brexit. The Anglo-Dutch consumer giant, which is the world's largest ice cream seller, makes British favorites like Magnum bars in Italy and Germany and is building up a few weeks of extra inventory in Britain in case of any border delays.
By Martinne Geller LONDON (Reuters) - Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by troubles in Latin America and weak growth in developed markets as new Chief Executive ...
The new chief executive of Ben & Jerry’s ice cream owner Unilever looks to be preparing the ground for some kitchen sinking at the consumer goods giant. Just three weeks into the role, Alan Jope warned of challenging conditions in 2019 and announced disappointing results for 2018, with lower-than-expected sales growth for the final quarter. The Unilever (UL) lifer takes over after two difficult years under predecessor Paul Polman.
The maker of Hellmann’s mayonnaise and Dove soap, reporting its first earnings since Mr. Jope took charge, said Thursday its closely watched underlying sales rose 2.9% in the fourth quarter, below the 3.5% level expected by analysts. The industry also faces rising commodity costs and growing competition from Amazon.com Inc. and discount chains that are launching own-label products.
Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by inflation in Argentina and flat volume growth in developed markets, in its first set of results since new Chief Executive Alan Jope took charge. New Chief Executive Alan Jope took charge of Unilever at the start of the year. "With growth weak but H2 margins strong, we expect this to fuel the ongoing debate on Unilever's top line versus bottom line algorithm," Jefferies analysts said.
In terms of regional distribution, Asia saw the highest turnover with 22.9 billion euros. Unilever ULVR-GB reported a 51 percent increase in annual net profit on Thursday, driven by a strong performance in India and other Asian markets. The consumer goods firm reported a net profit of 9.8 billion euros ($11.21 billion) in 2018 compared to 6.5 billion euros in 2017.
PLC (ULVR.LN) said Thursday that 2018 pretax profit surged 52%, handily beating analyst forecasts, but it warned of a difficult year ahead. The consumer goods-company said in 2018 it made a profit before tax of 12.38 billion euros ($14.16 billion) compared with EUR8.15 billion a year earlier. Unilever, owner of the Hellmann’s mayonnaise, Dove soap and Ben & Jerry’s ice cream brands, said turnover decreased 5.1% to EUR50.98 billion in 2018--below the EUR51.11 billion predicted by analysts.
Unilever has acquired The Laundress, a premium eco-friendly line of detergent, fabric care, and home cleaning products, the company announced. Although terms of the deal were not disclosed, a source familiar with the negotiations put the sale figure at $100 million, Fast Company reported. Romitha Mally of UBS, who also facilitated Dollar Shave Club’s sale to Unilever, helped broker the deal, per FC. New York City-based The Laundress was founded in 2004 by Gwen Whiting and Lindsey Boyd, who turned their experience in the fashion industry toward developing high-end products to help consumers better care for their designer clothing. “We grew frustrated with dingy white T-shirts, ineffective cleaning products, and items ruined by the dry cleaners.
NEW YORK, Jan. 30, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
According to Commercial Observer, Harry's will take over an additional 26,876-square-feet of space on the eighth floor of One Hudson Square.
LONDON (Reuters) - Unilever said on Monday it has acquired The Laundress, a New York-based line of detergent and cleaning products, as it aims to expand its reach in high-end home care products. Terms ...
Dollar Shave Club’s Chief People Officer Jennifer Longnion on why she’s tapping a startup tradition to help Make-A-Wish.
Consumer products companies including Procter & Gamble Co and Coca-Cola Co are emerging as new targets for global activism, with green groups blaming them for fouling the ocean with plastic and activists urging governments to regulate them. At the annual World Economic Forum this week, the bosses of these and other firms like Unilever Plc and PepsiCo have been on the defensive, in a way reminiscent of how coal and oil chiefs came under pressure over climate change in previous years. "I see parallels to coal," Greenpeace executive director Jennifer Morgan told Reuters after she and Procter & Gamble boss David Taylor had a feisty exchange at a joint news conference at the forum in the Swiss ski resort of Davos.
Compostable bags, cups and cutlery are becoming more popular amid the mounting backlash against plastic waste, but many aren’t making it to the compost heap. Companies like PepsiCo Inc., Nestlé SA and Unilever PLC are increasingly rolling out compostable packaging and products intended to break down after use. Food makers are particularly interested because soiled plastic containers are tough to recycle.
The world’s biggest makers of shampoo, detergent and packaged food will test selling their products in reusable containers, adopting a milkman-style model to address mounting concerns about plastic waste. Procter & Gamble Co., Nestlé SA, PepsiCo Inc. and Unilever PLC are among 25 companies that, this summer, will start selling some products in glass, steel and other containers designed to be returned, cleaned and refilled. “I sometimes wonder if it’s a fair accusation that we’re in the branded litter business,” Unilever Chief Executive Alan Jope said at a conference Tuesday, adding that the company must do more on plastic waste.