Don't get fooled again, Biden's baby formula crisis is far from over and still hitting our states hard [FOX News]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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Source: FOX News
close When the coronavirus pandemic hit America, a lack of protective gear highlighted how vulnerable we are when relying on single source suppliers. It also showed us how quickly companies eager to gain market share will place bids for government contracts only to fall short of providing supply. In crises, we need reliability and safety. Today, our nation is still facing a shortage of baby formula. Despite the lack of coverage by Biden's allies in the legacy media or the lack of attention from the White House, the infant formula crisis is far from over. And it is disproportionally impacting our most vulnerable – low-income families, families of color and rural families. Data from Information Resources Inc. show 20% of baby formula was unavailable at the end of July and ten states had out-of-stock rates at 90% or greater. Baton Rouge and New Orleans – which account for 57% of infant formula consumers in Louisiana – are still experiencing 25-28% out-of-stock rates, while Florida
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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