Reckitt Lowers Annual Guidance on North American Manufacturing Struggles
The company lowered its annual outlook, making this a material change for investors.
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07:50:32 AM UTC
SquawkNews
By Alexander MarrowDettol maker Reckitt LSE:RKT lowered its annual revenue forecast on Tuesday and reported revenue growth below analyst expectations in the third quarter, hampered by a challenging consumer environment and manufacturing constraints in its North American market.The company, which ma…
08:08:02 AM UTC
SquawkNews
RECKITT BENCKISER SHARES DOWN 6.3% AFTER Q3 RESULTS, LOWERED ANNUAL GUIDANCE