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Unilever sales are rising because beauty shopping is back
Shoppers are purchasing name-brand beauty products again, and that’s lifting sales at consumer goods company Unilever. The London-based Unilever this week reported a 4.4% increase in sales during the first quarter of 2024,
Beauty drives Unilever's better than expected 2024 sales
Unilever 's beauty brands have boosted the conglomerate's strong Q1 2024 sales. The consumer goods giant said sales were up by 4.4% in the first three months of the year, compared to analyst expectations of 3%. Beauty & Wellbeing was Unilever's strongest division with sales rising 7.4% to €3.2bn, driven mostly by higher volumes.
Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth
Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume.
Unilever Group sales rose 4.4% in first quarter 2024 ahead of analyst projections
Unilever Group Plc experienced a sales boost in the first quarter, surpassing expectations, as CEO Hein Schumacher drives forward with
Unilever's Q1 result beats sales forecast as customers return to brands
Sales volumes climbed 2.2 per cent, the second quarter of growth after several declines. Prices were also up 2.2 per cent
Unilever beats quarterly sales growth forecasts
Unilever's first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world's biggest consumer goods companies won back shoppers who had traded down to cheaper products.
Unilever Sales Rise More Than Expected, Led by Beauty
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
Investors Cheer Sales Growth at Ben & Jerry’s Owner Unilever
Unilever sold more products at higher prices in the first quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth. Shares in the owner of Dove soap,
Unilever’s Power Brands drive sales growth, volume up in Q1
Unilever reported underlying sales growth of 4.4% in the first quarter (Q1) of 2024. The company attributed this growth to an increase in volume growth, which rose to 2.2% in Q1 compared to 1.8% in the fourth quarter of 2023.
Tatcha, Hourglass, Living Proof Power Unilever's Growth in First Quarter
In the first three months, Unilever's prestige beauty brands, led by Tatcha, Hourglass and Living Proof, notched double-digit growth, beating analysts' expectations.
Unilever Backs Guidance as Turnover Beats Forecast
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.
Marketing Week
1d
Unilever CEO: More focused business is delivering ‘improved’ growth
Unilever is aiming to grow its brands through innovation that “scale and build categories”, rather than simply delivering ...
7d
Unilever CEO to Water Down ESG Targets to Focus on Profit
Unilever Plc plans to abandon or water down a string of environmental and social pledges against the backdrop of a growing backlash from investors, consumers and politicians against companies pursuing ...
GlobalData on MSN
12h
Nestlé growth blip, Unilever volume optimism, Hochdorf gloom, Reckitt woes – Just Food’s week in data
Nestlé disappointed as the Swiss giant’s key growth metric turned negative again as “intense competition” in US frozen food ...
FoodNavigator
15h
Unilever’s food and beverage growth driven by price, not volume sales
Unilever’s first quarter sees growth in all of its categories, including nutrition and ice cream. However, growth in these ...
1d
on MSN
Here’s why the Unilever share price is soaring after Q1 earnings
Stephen Wright isn’t surprised to see the Unilever share price rising as the company’s Q1 results show it’s executing on its ...
The Sunday Business Post
7d
ESG poster child Unilever waters down green pledges as investors urge refocus on growth
In an interview, the consumer group’s new CEO Hein Schumacher said he needs to drive performance at the company ...
londonlovesbusiness.com
17h
Marmite maker hails a solid start to the year
Unilever, the maker of Ben & Jerry’s ice cream and Marmite, has announced its first quarter results with nderlying sales ...
Edge Media on MSN
1d
Companies Scale Back on Environmental and Social Promises to Protect Profits
UK based Unilever’s controversial shift away from its once-celebrated environmental and social pledges, spearheaded by CEO ...
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