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Is Carlsberg (CABGY) Outperforming Other Consumer Staples Stocks This Year?
ZACKS· 2025-08-15 14:41
Group 1 - Carlsberg AS (CABGY) has gained approximately 23.7% year-to-date, significantly outperforming the average gain of 4.5% in the Consumer Staples sector [4] - The Zacks Rank for Carlsberg AS is currently 2 (Buy), indicating a positive earnings outlook with a 1.7% increase in the consensus estimate for full-year earnings over the past quarter [3] - Carlsberg AS belongs to the Beverages - Alcohol industry, which is ranked 178 in the Zacks Industry Rank, and has outperformed this group, which has seen a loss of about 1.5% year-to-date [5] Group 2 - Reckitt Benckiser Group PLC (RBGLY) has also shown strong performance with a year-to-date return of 24%, and it holds a Zacks Rank of 2 (Buy) [4][5] - The Soap and Cleaning Materials industry, to which Reckitt Benckiser belongs, is currently ranked 2, indicating strong performance relative to other industries [6] - Both Carlsberg AS and Reckitt Benckiser Group PLC are highlighted as stocks to watch for investors interested in the Consumer Staples sector due to their solid performance [6]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 4, 2025 in Reckitt Benckiser Group plc Lawsuit – RBGLY
GlobeNewswire News Room· 2025-08-04 20:23
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Reckitt Benckiser Group plc regarding a class action lawsuit related to misleading statements made by the company during a specified class period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from January 13, 2021, to July 28, 2024 [3]. - Allegations include that Reckitt's cow's milk-based formula, Enfamil, posed an increased risk of NEC in preterm infants, which was not disclosed, impacting sales and exposing the company to legal claims [3]. - The lawsuit claims that positive statements made by Reckitt regarding its business and operations were materially false and misleading [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of August 4, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
RBGLY DEADLINE TOMORROW: ROSEN, A TOP RANKED LAW FIRM, Encourages Reckitt Benckiser Group PLC Investors to Secure Counsel Before Important August 4 Deadline in Securities Class Action – RBGLY
GlobeNewswire News Room· 2025-08-03 15:03
Core Viewpoint - The Rosen Law Firm is reminding purchasers of Reckitt Benckiser Group PLC's American Depositary Shares (ADSs) of a class action lawsuit with a lead plaintiff deadline of August 4, 2025, for those who bought shares between January 13, 2021, and July 28, 2024 [1][2]. Group 1: Class Action Details - Investors who purchased Reckitt ADSs during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [2]. - The lawsuit alleges that Reckitt failed to warn investors about the increased risk of necrotizing enterocolitis (NEC) in preterm infants due to its cow's milk-based formula, Enfamil, which misled investors regarding the company's business prospects [4]. Group 2: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3].
RECKITT (RBGLY) URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Reckitt Benckiser Group plc and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-02 14:21
Core Viewpoint - A class action lawsuit has been filed against Reckitt Benckiser Group plc for allegedly misleading investors regarding the risks associated with its cow's milk-based formula, Enfamil, which is linked to a serious health risk in premature infants [1][4]. Group 1: Lawsuit Details - The class action lawsuit is filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Reckitt securities between January 13, 2021, and July 28, 2024 [1]. - Investors have until August 4, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Reckitt failed to adequately warn about the increased risk of necrotizing enterocolitis (NEC) in premature infants consuming its formula [3][4]. Group 2: Allegations Against Reckitt - The lawsuit alleges that Reckitt made misleading statements and omissions regarding its business, financial condition, and prospects during the class period [4]. - Specific allegations include failing to disclose the risks associated with Enfamil, the potential impact on sales, and the exposure to legal claims [4]. - As a result of these omissions, Reckitt's positive statements about its business were deemed materially false and misleading [4]. Group 3: Company Background - Reckitt is a UK-based global consumer goods company facing over 500 product liability lawsuits related to its infant formula [3]. - The lawsuits claim that Reckitt and its competitor Abbott Laboratories did not adequately warn about the risks associated with their cow milk-based formulas [3]. Group 4: Legal Representation - Bragar Eagel & Squire, P.C. is representing the investors in this class action lawsuit and encourages affected individuals to reach out for more information [1][5]. - The firm specializes in representing individual and institutional investors in complex litigation [6].
Reckitt Benckiser Group PLC (RBGLY) Is Up 11.73% in One Week: What You Should Know
ZACKS· 2025-08-01 17:00
Company Overview - Reckitt Benckiser Group PLC (RBGLY) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent trends [3][12] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned favorably in the market [4][12] Price Performance - Over the past week, RBGLY shares have increased by 11.73%, matching the performance of the Zacks Soap and Cleaning Materials industry [6] - In the last month, RBGLY's price change is 8.09%, again in line with the industry's performance [6] - For longer-term metrics, RBGLY shares have risen 15.8% over the past three months and 41.39% over the last year, outperforming the S&P 500, which increased by 14.12% and 16.19% respectively [7] Trading Volume - The average 20-day trading volume for RBGLY is 285,846 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, three earnings estimates for RBGLY have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.92 to $0.94 [10] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [10]
Shareholders that lost money on Reckitt Benckiser Group plc(RBGLY) should contact Levi & Korsinsky about pending Class Action - RBGLY
Prnewswire· 2025-08-01 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Reckitt Benckiser Group plc, alleging securities fraud that negatively impacted investors between January 13, 2021, and July 28, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Reckitt Benckiser Group plc made false statements regarding the safety of its cow's milk-based formula, Enfamil, particularly concerning the increased risk of necrotizing enterocolitis (NEC) in preterm infants [2]. - It is alleged that these false statements misled investors about the company's sales performance and exposure to legal claims, thus affecting the perceived business operations and prospects of Reckitt Benckiser [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until August 4, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, ensuring no financial obligation to participate [3]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm is recognized as one of the top securities litigation firms in the United States, ranking in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4].
RBGLY DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Reckitt Benckiser Group PLC Investors with Losses in Excess of $100K to Secure Counsel Before Important August 4 Deadline in Securities Class Action – RBGLY
GlobeNewswire News Room· 2025-07-31 22:15
Core Viewpoint - Rosen Law Firm is reminding purchasers of Reckitt Benckiser Group PLC's American Depositary Shares (ADSs) of the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors [1][2]. Group 1: Class Action Details - The class action pertains to ADS purchases made between January 13, 2021, and July 28, 2024, with a lead plaintiff deadline set for August 4, 2025 [1]. - Investors who purchased Reckitt ADSs may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success and recognition in this field [3]. - The firm has achieved significant settlements for investors, including over $438 million in 2019, and has been consistently ranked among the top firms for securities class action settlements [3]. Group 3: Case Allegations - The lawsuit alleges that Reckitt failed to inform investors about the increased risk of necrotizing enterocolitis (NEC) in preterm infants due to its cow's milk-based formula, Enfamil, which misled investors regarding the company's business prospects [4]. - The claims suggest that Reckitt's positive statements about its operations were materially false and misleading, leading to investor damages when the true information became public [4].
Class Action Filed Against Reckitt Benckiser Group plc (RBGLY) Seeking Recovery for Investors – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-07-31 20:07
Core Viewpoint - A class action securities lawsuit has been filed against Reckitt Benckiser Group plc, alleging securities fraud that negatively impacted investors between January 13, 2021, and July 28, 2024 [1][2] Group 1: Allegations and Impact - The lawsuit claims that Reckitt's cow's milk-based formula, Enfamil, increased the risk of preterm infants developing NEC, which was not disclosed [2] - It is alleged that the defendants' positive statements regarding Reckitt's business and sales were materially false and misleading due to the undisclosed risks and potential legal claims [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until August 4, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating a no-cost participation model [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4]
Shareholders of Reckitt Benckiser Group plc Should Contact The Gross Law Firm Before August 4, 2025 to Discuss Your Rights - RBGLY
Prnewswire· 2025-07-31 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Reckitt Benckiser Group plc regarding a class action lawsuit alleging that the company made materially false and misleading statements about its Enfamil formula, which is linked to increased risks for preterm infants [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from January 13, 2021, to July 28, 2024 [1]. - The allegations include that Reckitt's cow's milk-based formula, Enfamil, posed an increased risk of developing NEC in preterm infants, which was not disclosed [1]. - The lawsuit claims that Reckitt's positive statements about its business and operations were materially false and misleading due to the undisclosed risks and potential legal claims [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of RBGLY during the specified timeframe are encouraged to register for the class action by August 4, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
Reckitt Benckiser Group plc Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before August 4, 2025 to Discuss Your Rights - RBGLY
Prnewswire· 2025-07-29 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Reckitt Benckiser Group plc, alleging securities fraud that affected investors between January 13, 2021, and July 28, 2024 [1][2] Group 1: Allegations - The lawsuit claims that Reckitt Benckiser Group plc made false statements regarding the safety of its cow's milk-based formula, Enfamil, particularly concerning the increased risk of necrotizing enterocolitis (NEC) in preterm infants [2] - It is alleged that these false statements misrepresented the impact on Reckitt's sales of Enfamil and the company's exposure to legal claims [2] - The defendants' positive statements about the company's business and prospects were claimed to be materially false and misleading [2] Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until August 4, 2025, to request appointment as lead plaintiff in the lawsuit [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]