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