Mead Johnson lowers outlook despite China progress
Infant nutrition group Mead Johnson has lowered its full-year sales and earnings outlook despite noting progress has been made on lifting its sales trajectory in China.
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Mead Johnson sales outlook hit by China, US
US infant formula producer Mead Johnson today (28 July) revised its net sales outlook and said it now expects full year net sales of 5% to 7% below the prior year on a reported basis and 0% to 2% below the prior year on a constant dollar basis.
