Unilever's Lackluster Europe Food Results Bolster McCormick Tie-up -- Market Talk
Dow Jones2026/07/28 08:210819 GMT - Unilever's second-quarter results in its food segment in Europe play into its decision to offload that business, RBC's James Edwardes Jones says. Beauty and personal care were outperformers, while foods missed expectations, he adds. Even though there was a miss for Europe, overall performance was strong in Asia, the analyst adds. The company had a good quarter, even with the part that didn't go particularly well, such as its food business in Europe, he says. Shares are up 6.6%. (aimee.look@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 04:21 ET (08:21 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Top 3 Trending Crypto Coins Globally Today: Why LAPTOP Trends Despite Falling
Pundit: If You Hold XRP, XLM, or HBAR, Don’t Miss This Update
Analyst: This 2026 XRP Price Prediction Way Well Go Into the History Books
Bitcoin Red Team Claims Blockstream Ignored Warnings Before Hack