Packaged goods makers including Unilever and Nestlé disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as.
Packaged goods makers including Unilever and Nestle disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as price increases moderate. The slide in sales volumes of big brands only grew worse after the Ukraine war sparked a cost of living crisis. Top U.S. and European investors have this year flagged their concerns about high prices to consumer goods companies.
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Waverton Investment Management Ltd decreased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 0.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,003 shares of the company’s stock after selling 245 shares during the quarter. Waverton […]