International Flavors & Fragrances Raises Full-Year Sales Outlook, Warns of Softer Quarterly Profit
The company raised the floor on its full-year sales outlook but warned that higher costs and reinvestments would weigh on profit in the current quarter.
By Natalie WegerInternational Flavors & Fragrances raised the floor on its full-year sales outlook, but warned of softer profit in the current quarter amid higher costs and reinvestments to strengthen the business.The manufacturer of flavors, fragrances and food ingredients on Tuesday swung to a th…