The Ben & Jerry's owner says its starting to see negative pricing in some markets, but Europeans are still absorbing the group's rising costs.
Unilever (UL) shares are rising after seeing revenue rise over 2% in the first half of the year. Meanwhile, shares of Nestle (NESN.SW) are falling after the company slashed its full-year guidance. In the video above, Jared Blikre and Seana Smith break down why these two big consumer brands are trading in opposite directions. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Owner of Marmite, Dove and Ben & Jerry’s says margins of 19.6% were helped by ‘carry-over pricing’