Baby formula supplies improving, say U.S. retailers Walmart and Target [Reuters]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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Source: Reuters
after the country faced acute shortages that had caused a panic among parents. Considering the still-existing supply constraints, Target said it will continue with the purchase restrictions both at its stores and online. The shortage that began due to pandemic-induced supply chain issues worsened in February when Abbott Laboratories (ABT.N) , the biggest U.S. supplier, recalled some products and closed a manufacturing plant after reports of bacterial infections. read more In response, U.S. health regulators relaxed import policies and shipped in millions of cans of emergency supplies from companies such as Nestle SA (NESN.S) and Reckitt Benckiser (RKT.L) read more Abbott in early July partly restarted production of certain specialty and metabolic formulas at its Sturgis facility while also importing baby formula products from its international plants. read more Walmart Chief Financial Officer John David Rainey said on an earnings call on Tuesday the shortage the company expe
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ABT
Earnings
- 4/17/24 - Beat
ABT
Sec Filings
- 4/17/24 - Form 8-K
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- ABT's page on the SEC website