UL

Unilever to sell Myanmar joint venture stake, deal expected to close in 2027

Unilever NYSE: UL set out a plan to grow annual underlying sales by 4% to 6%, with at least 2% volume growth, as it prepares to focus on beauty, personal care and home care following the planned separation of its Foods business.

The consumer-goods group will outline plans at an investor event Wednesday to save 1 billion euros by the end of 2029 by recuperating some costs and overhauling operations.

Clorox has hired Unilever executive Fabian Garcia as its next chief executive. Garcia will step into the role effective Jan. 5, succeeding Linda Rendle who announced in May that she was stepping down for health reasons.

Unilever PLC (UL) Q3 2026 Sales/Trading Call Transcript

HOBOKEN, N.J.--(BUSINESS WIRE)--Advantage Group International named Unilever the #1 Supplier in Core Non-Food, All Channels in the United States as part of the 2026 Advantage Awards.

Forward Consumer Partners is acquiring the company known for its colorful bandages and bringing back its founder as an adviser.

UBS has cut its price target for Unilever PLC (LSE:ULVR), the consumer goods group, to 4,390p from 4,440p after reducing its 2026 earnings forecast by 1%. The bank retained its 12-month 'sell' rating, while Unilever's shares were priced at 4,542p in the research note dated 6 October.

Unilever PLC (LSE:ULVR) is on JP Morgan's 'positive watch', and Haleon PLC (LSE:HLN, NYSE:HLN) on 'negative watch', ahead of third-quarter reporting by European consumer staples companies. The note adds Givaudan to positive watch alongside Unilever, Heineken N.V.

The main criticism has long been McCormick's persistently high valuation, typically at the high end of the consumer discretionary range, creating a hurdle for value-conscious investors—but that hurdle is not present this year. Trading at approximately 15x its current-year earnings forecast, the stock is as cheap as it's going to get, and a robust recovery could lie ahead.