US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
China-focused infant formula firm Synutra International has cut its full-year sales and profits guidance following a weaker-than-expected first quarter. For the three months to the end of June, Synutra saw net sales rise by 22.5% to ...