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Summary Reckitt Benckiser reported great results with an increasing top line and solid earnings per share (compared to a loss in the previous year). And although the business profited from COVID-19 and the current U.S. infant formula disruption, it would be naïve not to see t...
Summary The Fed is on the inflation-fighting war path, interest rates are soaring, and stocks are melting down. Investor sentiment is at multi-decade lows. Once this bear market is finally over, stocks are likely to 4X within the next decade, but getting to the other side of this ...
The following slide deck was published by Reckitt Benckiser Group plc in conjunction with their 2022 Q2 earnings call. For further details see: Reckitt Benckiser Group plc 2022 Q2 - Results - Earnings Call Presentation
Consumer goods maker Reckitt Benckiser seems to be doing well in health and hygiene. The 2017 infant nutrition acquisition remains problematic but is hopefully winding down as an issue for the firm. With the business in improving shape and having an attractive brand portfolio, I t...
The U.S. Food and Drug Administration (FDA) plans to announce measures to support foreign makers of baby formula to stay in the U.S. market for the long-term in response to a nationwide shortage, the federal agency said on Wednesday. The closure of a key manufacturing plant of Abbot...
Unilever's brands are positioned well to navigate whatever is to come economically, it has already grown 7.3% in Q1 in response to inflation. The impact of inflation will reduce profits but on a relative basis, Unilever will become more attractive. 5 years of stagnation has left U...
Reckitt Benckiser (OTCPK:RBGPF) (OTCPK:RBGLY) is weighing whether to shelve the sale of its infant formula unit, Bloomberg said on Tuesday, citing people familiar with the matter. Talks between London-listed Reckitt and potential acquirers have stalled in recent works, Bloomberg said. Th...
Procter & Gamble will go through the economic turmoil with the help of a superior product portfolio of non-discretionary, less cyclical products, and market leading brands. The company navigated the first few months of excessive global inflation safely, and has provided assuring g...
Nestlé (OTCPK:NSRGY) briefly considered making a bid for GlaxoSmithKline's (NYSE:GSK) consumer unit before dropping the idea, Bloomberg reported. The Swiss company floated the idea of potentially teaming up with Reckitt Benckiser (OTCPK:RBGPF) (OTCPK:RBGLY). Bloomberg said the ...
The Federal Trade Commission (FTC) has launched an inquiry into the ongoing infant formula shortage in the country, seeking information on any unfair business practices aimed at exploiting the consumers, the agency announced on Tuesday. "We have been monitoring and will continue to ...
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Reckitt Benckiser Group Plc ADR (RBGLY) is expected to report for Q4 2023