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Top related persons:
Noel Wallace - 2 Goldman Sachs - 1 Bonnie Herzog - 1 Herzog - 1 Clark - 1 LSEG - 1 Juveria - 1 Shilpi Majumdar - 1
Top related locs:
Kimberly North America U.S Europe Bengaluru
Top related orgs:
Colgate - 2 Palmolive - 2 Federal Reserve - 1 Pepsi - 1 Molson Coors - 1 Monster Beverage - 1 Constellation Brands - 1 Walmart - 1

Search resuls for: "Noel Wallace"


2 mentions found


☆ Goldman's picks from here as resilient consumer starts to show some cracks
  + stars: | 2024-05-13 | by ( Alex Harring | ) www.cnbc.com   time to read: +3 min
While companies are painting a picture of a struggling consumer, Goldman Sachs has ideas for which names can still perform. That marks a turn from the story of the surprisingly resilient consumer that has shocked experts since the Federal Reserve began hiking interest rates. On the alcohol side, Herzog pointed to Constellation Brands as one that should not feel the consumer cracks. The average analyst surveyed by LSEG has a buy rating on the stock and foresees shares climbing another 15% over the next year. In addition to having a buy rating, the typical analyst surveyed by LSEG foresees the stock running up another 8.2%.
Persons: Goldman Sachs, Bonnie Herzog, Herzog, Clark, LSEG, Noel Wallace Organizations: Federal Reserve, Pepsi, Molson Coors, Monster Beverage, Colgate, Palmolive, Constellation Brands, Walmart, LSEG, Modelo, Pacifico, Analysts Locations: Kimberly
☆ Colgate-Palmolive bumps up annual sales, profit forecasts on strong pricing
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +2 min
July 28 (Reuters) - Colgate-Palmolive (CL.N) raised annual organic sales and profit forecasts on Friday, banking on price hikes and resilient demand for its self-care and pet nutrition products. "Strong investment levels should continue in the back half of the year as we work to deliver balanced organic sales growth." Colgate-Palmolive also topped Wall Street estimates for second-quarter sales and profit. Colgate-Palmolive expects annual organic sales to grow between 5% and 7%, compared with previous forecast of 4% to 6% growth. Organic sales for the Hill Pet Nutrition brand, which contributed 22% to company's sales, grew 10.5% in the quarter, driven by demand in the U.S. and Europe.
Persons: Noel Wallace, Juveria, Shilpi Majumdar Organizations: Colgate, Palmolive, Consumer, Procter & Gamble, Nutrition, Thomson Locations: North America, U.S, Europe, Bengaluru
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