Tatcha, Hourglass, Living Proof Power Unilever's Growth in First Quarter [Yahoo! Finance]
Unilever PLC (UL)
US:NYSE Investor Relations:
unilever.com/investor-relations
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Source: Yahoo! Finance
Underlying sales at the division, which includes brands such as Dove , Pond's, Tatcha and Hourglass , grew 7.4 percent to 3.2 billion euros. Reported growth was 3.1 percent compared with the corresponding period last year. More from WWD Sephora Named Top Beauty Retailer in New, Social Media-based Ranking Meet Tatiana Schlossberg: How John F. Kennedy's Granddaughter Channels His Legacy and Jackie Kennedy's Penchant for Tailoring Sacai's New Collaboration Taps Into Tulip Mania Overall, Unilever beat analysts' expectations with underlying growth of 4.4 percent, and reported growth of 1.4 percent to 15 billion euros in the three months. Jefferies noted that Beauty & Wellbeing outstripped its expectations of 5 percent growth in the period. The consumer giant's shares were up nearly 5 percent at 40.48 pounds in mid-morning trading on the London Stock Exchange. Chief executive officer Hein Schumacher said overall growth was driven mainly by Unilever's 30 “power brands,” which
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