Unilever's Second-Quarter Sales Beat Estimates
Unilever (NYSE: UL), the consumer goods powerhouse that produces a variety of household products and food brands, posted a small sales decline that beat estimates on Thursday.
The British-Dutch multinational company saw high sales in many of its essential household product categories, but decreased sales in commercial categories such as restaurants, because of business closures.
Sales declined 3.1% during the second quarter but adjusted sales were essentially flat, falling 0.3%. E-commerce, however, grew 49%.
Source Fool.com
