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Henkel (OTCPK:HENKY) (OTCPK:HELKF) (OTCPK:HENOY) is a European consumer goods company, known from brands like Schwarzkopf, Persil and Purex. Last January, the company issued a disappointing guidance which sent its shares down to a level not seen in more than four years.
Turmoil among the consumer goods giants
Consumer goods giants, which are sometimes seen as some of the safest stocks out there, are not immune to worsening expectations. Kraft Heinz (KHC) is the most recent and obvious example of this, though their turmoil is only partly because