Unilever's Lackluster Europe Food Results Bolster McCormick Tie-up
Dow Jones
Jul 28
0819 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)
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