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Unilever PLC

https://www.unilever.com

Industry

Household & Personal Products

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories. The Home Care segment provides fabric solutions and various cleaning products. The company offers its products under the Domestos, OMO, Seventh Generation, Ben & Jerry's, Knorr, Magnum, Wall's, Bango, the Vegetarian Butcher, Axe, Cif, Comfort, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Equilibra, OLLY, Liquid I.V., SmartyPants, Onnit, Hellmann's, and Vaseline brands. Unilever PLC was incorporated in 1894 and is headquartered in London, the United Kingdom.

Open

59.54

Mkt cap

148B

Volume

1.1M

High

59.79

P/E Ratio

21.66

52-wk high

65.87

Low

59.42

Div yield

0.03

52-wk low

46.46

Alimentation Couche-Tard Inc. has proposed a $31 billion buyout of Seven & I Holdings Co, the Japanese owner of 7-Eleven. This acquisition could shift 7-Eleven's ownership from Japan to Canada, making Alimentation Couche-Tard the world's leading convenience store operator. The deal could face regulatory scrutiny due to its scale.

Portfolio Pulse from Chris Katje

August 21, 2024 | 2:48 pm

Unilever U.S. is recalling approximately 137,000 cases of Popsicle Jolly Rancher frozen confection products due to the presence of unlabeled milk. This recall affects only products marked for individual sale.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:31 pm

The Bank of England (BoE) reduced its key interest rate by 25 basis points to 5%, marking the first cut in over four years. The decision was divided among the Monetary Policy Committee members. The BoE expects inflation to rise to 2.75% later this year but fall below target in the next two years. The British pound fell 0.5% against the dollar, while UK equities remained flat. US-listed British companies showed mixed premarket performances.

Portfolio Pulse from Piero Cingari

August 01, 2024 | 12:35 pm

U.S. stocks saw significant gains on Thursday, with the Dow Jones index rising over 1%. IBM led the charge with a 6.4% increase following strong quarterly earnings. Other notable gainers included Viking Therapeutics, AST SpaceMobile, Bally’s Corporation, and ServiceNow, among others.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 4:59 pm

Unilever plc (NYSE:UL) reported strong first-half financial results, with adjusted EPS rising to 1.67 euros and sales increasing to 31.12 billion euros. The company saw significant growth in its Beauty & Wellbeing and Personal Care segments. Unilever's underlying operating profit rose by 17.1%, and the company continues to focus on high-quality sales growth and gross margin expansion. The stock is up 6.3% following the announcement.

Portfolio Pulse from Vandana Singh

July 25, 2024 | 1:59 pm

As of July 25, 2024, three consumer staples stocks—Unilever plc (NYSE:UL), British American Tobacco PLC (NYSE:BTI), and Altria Group Inc (NYSE:MO)—are considered overbought based on their RSI values. Unilever reported strong quarterly earnings, while British American Tobacco posted a year-over-year decline in H1 adjusted EPS. Altria is set to report its Q2 and H1 results on July 31.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 1:28 pm

Unilever shares are trading higher following the release of their H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:19 am

Unilever expects underlying sales growth of 3%-5% for 2024, driven mainly by volume. The operating margin is projected to be at least 18%, with increased brand investment. The first half saw strong gross margin progression due to volume leverage, mix, and net productivity, but this is not expected to repeat in the second half.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:44 am

Unilever (NYSE:UL) reported a 16.27% increase in H1 adjusted EPS to $1.74, up from $1.50 YoY. Sales also rose by 1.79% to $33.48 billion from $32.89 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:42 am

Unilever is reportedly initiating talks to sell its £15 billion ice cream business, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 4:34 pm

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