Haleon's first-quarter revenue misses expectations
- Consumer healthcare company Haleon's first-quarter revenue missed market estimates on Wednesday, due to retailer destocking in the U.S., and a cool down in demand for cold and flu medication after a surge last year.
Revenues stood at 2.92 billion pounds for the quarter ended March 31, slightly missing expectations of 2.93 billion pounds, according to a company-compiled consensus.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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