Sales Growth, Global Partnerships, Divestitures, and Agreements to Promote Long-Term Growth of Consumer Goods Companies - Research Report on Herbalife, P&G, Unilever, Goodyear, and Jarden
NEW YORK, August 1, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Herbalife Ltd. (NYSE: HLF), Procter & Gamble Co. (NYSE: PG), Unilever NV (NYSE: UN), Goodyear Tire & Rubber Co. (NASDAQ: GT), and Jarden Corp. (NYSE: JAH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Herbalife Ltd. Research Report
On July 29, 2013, Herbalife Ltd. (Herbalife) released its Q2 2013 financial results. The Company's net sales were up 18.1% YoY to $1.2 billion, and net income was up 8.5% YoY to $143.2 million. Diluted EPS was up 22.9% YoY to $1.3. Michael O. Johnson, Chairman and CEO of Herbalife, commented, "We reported our fifteenth quarter in a row of double digit top-line growth, reflecting the success that our products and distribution model are having in markets around the world helping to mitigate the adverse effects of the obesity epidemic. The second quarter record results for volume point and net sales were driven by the ongoing engagement of our distributors and consumer demand for our weight loss and nutrition products worldwide." Further, Herbalife has updated its guidance for net sales growth to range between 16.5% YoY to 18.5% YoY in Q3 2013 and 16.0% YoY to 18.0% YoY in full-year 2013. Diluted EPS is expected to be in the range of $1.09 to $1.13 in Q3 2013, and from $4.83 to $4.95 in full-year 2013. The Full Research Report on Herbalife Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9c80_HLF]
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Procter & Gamble Co. Research Report
On July 23, 2013, Procter & Gamble Co. (P&G) announced that 3D White has entered into a global partnership with multi-platinum and two time Grammy award-winning artist, Shakira. Stephen Squire, Global Marketing Director of P&G Oral Care, said, "We are excited to announce Shakira as the exclusive global spokesperson for our 3D White property, around the world." P&G reported that Shakira, as the global brand ambassador for 3D White, will help launch the newest additions to the Oral-B and Crest 3D White collections, appearing in the brands' print and television advertising, public relations efforts, and online properties. The Company expects to kick-off its global campaign in the fall of 2013. The Full Research Report on Procter & Gamble Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0433_PG]
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Unilever NV Research Report
On July 26, 2013, Unilever NV (Unilever) announced that it has entered into an agreement with AAK for the sale of the Company's Unipro bakery and industrial oils business, subject to regulatory approval. As per the terms of the agreement, the transaction excludes Unilever's facility in Çorlu at which Unipro brands are currently produced, but the factory will continue to manufacture for AAK under a third-party agreement. Izzet Karaca, Unilever Turkey Executive Vice President, said, "In order for Unilever to continue to deliver sustainable growth, we will continually review and sharpen our portfolio. I am confident the Unipro business will continue to do well under AAK's management." The Company further announced that the deal to divest its Turkish oil businesses is in line with its global strategy to exit its non-core businesses, and is expected to close in the third quarter of 2013. The Full Research Report on Unilever NV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/003f_UN]
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Goodyear Tire & Rubber Co. Research Report
On July 29, 2013, Goodyear Tire & Rubber Co. (Goodyear) announced that it has reached a tentative agreement with United Steelworkers (USW) on a new master contract covering about 8,000 employees at six US plants. Jim Allen, Goodyear's Vice President of Global Labor Relations, and Tom Conway, USW Vice President Administration, jointly stated that the tentative agreement is subject to approval by a majority of the six local unions representing a majority of the membership. Further, Goodyear refrained from divulging the details of the proposed agreement until union members at the plants have reviewed it. The Full Research Report on Goodyear Tire & Rubber Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2caa_GT]
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Jarden Corp. Research Report
On July 25, 2013, Jarden Corp. (Jarden) released its Q2 2013 financial results. The Company's net sales grew 4.8% YoY to $1.8 billion, while net income fell 8.2% YoY to $76.4 million in Q2 2013. Diluted EPS was $0.71, compared to $0.72 in Q2 2012. James E. Lillie, CEO of Jarden, commented, "I am pleased that the diversity of our businesses allowed us to deliver another strong quarter while navigating volatile weather conditions that impacted sales and reorders on certain higher margin categories. While we remain focused on delivering our 2013 financial goals, we are also working towards our next three to five year plan to continue to drive shareholder value. This past week our senior management teams from around the world attended our annual long range strategic planning meeting. Our businesses are focused on growth, innovation, margin and working capital improvements while investing in processes, people and products to help ensure our continued long-term success." The Full Research Report on Jarden Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/c46c_JAH]
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