Trending: Unilever Sets Out Action Plan to Address Underperformance
October 26 2023 - 6:55AM
Dow Jones News
1011 GMT - Unilever is the second-most mentioned company across
news items over the past two hours, according to Factiva data. The
Anglo-Dutch retailer--which owns consumer brands such as Ben &
Jerry's ice cream and Dove soap--set out on Thursday an action plan
to address underperformance by focusing on its most profitable
brands, simplified productivity and performance-oriented
leadership. The new plan was announced after the group reported a
mainly price-driven 3Q sales growth--while volumes fell--and backed
its 2023 guidance. Dow Jones & Co. owns Factiva.
(michael.susin@wsj.com)
(END) Dow Jones Newswires
October 26, 2023 06:40 ET (10:40 GMT)
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