Weather dampens Unilever sales
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Unilever, the consumer products giant, said today that profits had slipped during the third quarter - as had sales of its top 400 brands.
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Consumer goods giant Unilever Plc/NV  topped forecasts with a 27 percent rise in 2006 earnings on  Thursday, but its shares fell as analysts said its recovery  appeared slow as it lagged its major competitors.
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Cadbury Schweppes, the soft drinks and confectionery giant, said yesterday that the wet summer had dampened sales of its soft drinks in Europe.
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Premier Foods, the firm behind Branston Pickle, warns April's hot weather "particularly impacted" sales.
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With Boxing Day falling on a Sunday, retailers reported more modest crowds than in the past at annual discount sales. But they expect to do brisk business this week, as many Canadians will not return to work until the new year.
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Unilever, the Anglo-Dutch consumer goods giant, launched a crash advertising drive yesterday after shocking the City with a profits warning that sent the shares tumbling 4.7pc to a four-year low.
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C&C issues a profit warning after the recent wet weather dampens sales of its flagship Magners brand.
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Consumers lured by clearance sales and a fresh assortment of spring clothes gave many of the nation's retailers solid sales in January and hopes for even stronger business in the months ahead. Late-month snowstorms in the Midwest and Northeast depressed results for some merchants, but didn't hurt the industry's overall performance.
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Nestle's profit growth is hampered by a summer of poor European weather and higher raw material costs.
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LONDON Unilever, the world&#39;s largest maker of food and soap products, cut its profit forecast on Monday, sending its shares to their lowest level in four years.
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Cadbury Schweppes said trading at its beverage business had been weaker than expected during the US and European summer with sales of fizzy drinks hit by poor weather.
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WHEN a big fish flails in the water, a backwash is assured. That happened yesterday when food and consumer goods giant Unilever put out a profits warning.
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Cadbury Schweppes has warned that its full year results will be at the lower end of its expectations. The world&#39;s biggest confectioner said that wet weather had held back sales of soft drinks in France and Spain.
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Unilever PLC reported higher earnings for the third quarter Wednesday but said its business suffered from strong competition, weak demand and poor weather, with sales of Ben &amp; Jerry&#39;s ice cream and Lipton Tea falling.
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LONDON (CBS.MW) - Anglo-Dutch foods giant Unilever on Monday lowered its outlook for earnings growth for the year, pledging to raise advertising and promotion spending to bolster flagging sales of some of its brands.
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Bad weather and interest rate hikes are hampering Marks & Spencer's recovery, according to reports.
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Unilever shares have fallen 5.7% after the Anglo-Dutch consumer goods giant issued a surprise profits warning. Unilever said sales of ice cream and its tea drinks were &quot;substantially lower&quot; in July and August due to very poor weather in northern Europe.