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Reckitt Benckiser Group plc Sued for Securities Law Violations - Contact The Gross Law Firm Before August 4, 2025 to Discuss Your Rights – RBGLY
GlobeNewswire News Room· 2025-06-23 20:00
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 about the company's cow's milk-based formula, Enfamil, which allegedly increased the risk of NEC in preterm infants [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 failed to disclose the increased risk of NEC for preterm infants consuming Enfamil, the impact on sales, and exposure to legal claims, leading to materially false and misleading statements about the company's business and prospects [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]. 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 who suffered losses due to misleading statements [5].
Oatly to Report Second Quarter 2025 Financial Results on July 23, 2025
GlobeNewswire News Room· 2025-06-23 12:00
MALMÖ, Sweden, June 23, 2025 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY), the world's original and largest oat drink company, will report financial results for the second quarter ended June 30, 2025, on Wednesday July 23, 2025 before the U.S. market opens. Oatly will host a conference call and webcast at 8:00 a.m. ET on the same day to discuss the results. We are the world's original and largest oat drink company. For over 30 years, we have exclusively focused on developing expertise around oats: a gl ...
RBGLY INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Reckitt Benckiser Group PLC Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-06-20 20:00
Core Viewpoint - A class action lawsuit has been filed against Reckitt Benckiser Group PLC for alleged violations of federal securities laws related to misleading statements about the company's products and their safety [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased Reckitt securities between January 13, 2021, and July 28, 2024, inclusive [2]. - The complaint alleges that Reckitt's officers made materially false and misleading statements regarding the safety of its cow's milk-based formula, Enfamil, particularly concerning the risk of necrotizing enterocolitis (NEC) in preterm infants [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Reckitt have until August 4, 2025, to request to be appointed as lead plaintiff in the case [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [5]. - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [6].
McCormick Q2 Earnings Coming Up: What Investors Need to Understand
ZACKS· 2025-06-20 15:16
Core Insights - McCormick & Company is expected to report a revenue increase of 1.2% year-over-year for Q2 2025, with estimates at $1.7 billion [1][8] - However, the company anticipates a decline in earnings per share (EPS) by 5.8% to 65 cents, reflecting ongoing macroeconomic pressures [2][8] Revenue and Earnings Expectations - The Zacks Consensus Estimate for McCormick's revenues is $1.7 billion, indicating a 1.2% increase from the previous year [1][8] - The consensus for earnings per share has decreased to 65 cents, down from the prior year, indicating a 5.8% decline [2][8] Strategic Initiatives - McCormick's investments in innovation and distribution are yielding positive results, focusing on brand marketing, product innovation, and proprietary technology to capture market share [2] - The company is implementing cost-saving initiatives to fund future investments and drive operating margin expansion [2] Macroeconomic Challenges - McCormick is facing growing macroeconomic pressures, including rising consumer uncertainty and inflation, which are affecting consumer behavior, particularly among lower-income groups [3] - The foodservice segment is experiencing weaker volumes due to a challenging operating environment [3] Cost Pressures - The company is dealing with persistent cost inflation, which is expected to impact performance through 2025 [4] - Selling, general, and administrative (SG&A) expenses are rising due to increased investments in technology and marketing [4]
Krispy Kreme Data Breach Alert Issued By Wolf Haldenstein
GlobeNewswire News Room· 2025-06-20 13:13
Core Points - Krispy Kreme Doughnut Corporation, Inc. experienced a data breach in November 2024, resulting in the potential theft of personal information of employees and former employees [2][3] - The compromised personal information includes names, Social Security numbers, dates of birth, driver's license numbers, financial account information, credit and debit card information, passport numbers, digital signatures, biometric data, medical or health information, and health insurance information [3] - Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of those affected by the data breach and is encouraging individuals to contact them if they have experienced concerning activity related to the breach [1][4] Company Information - Krispy Kreme is headquartered in Charlotte, North Carolina [2] - Wolf Haldenstein Adler Freeman & Herz LLP is a national consumer rights law firm with experience in consumer rights litigation across various jurisdictions [6]
Levi & Korsinsky Notifies Krispy Kreme, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - DNUT
Prnewswire· 2025-06-20 13:00
NEW YORK, June 20, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/krispy-krem ...
海天味业: 海天味业关于H股公开发行价格的公告
Zheng Quan Zhi Xing· 2025-06-20 10:16
Group 1 - The company is conducting an H-share public offering and plans to list on the Hong Kong Stock Exchange [1][2] - The final offering price for the H-shares has been set at HKD 36.30 per share, excluding commissions and fees [1] - The company will issue an additional 15,794,200 H-shares, representing approximately 6.00% of the total shares offered in this global issuance [1] Group 2 - The H-shares are expected to be listed and begin trading on the Hong Kong Stock Exchange on June 19, 2025 [2]
经销商是什么?如何有效管理?
Sou Hu Cai Jing· 2025-06-20 08:08
Core Viewpoint - The relationship between manufacturers and distributors is often fraught with challenges, including lack of trust and communication issues, which can hinder effective market expansion and product distribution [1][5]. Group 1: Role of Distributors - Distributors act as essential partners in the commercial ecosystem, facilitating the movement of products from manufacturers to various markets, thus saving costs and providing localized services [3]. - They help manufacturers reduce expenses associated with direct retail operations, such as rent and labor costs, by leveraging local resources for distribution [3]. - Distributors possess localized knowledge that enables them to effectively market products to regional consumers, which manufacturers may struggle to replicate [3]. Group 2: Pain Points in Managing Distributors - Manufacturers often face challenges in monitoring distributor inventory, leading to issues such as excess stock and product wastage [5][7]. - There is a lack of transparency in sales data, with distributors sometimes providing misleading information about inventory levels and sales performance [7]. - Conflicts can arise between distributors in different regions, leading to pricing inconsistencies and market confusion [7]. Group 3: Solutions for Effective Distributor Management - Implementing digital tools can break down information barriers, allowing for real-time data sharing and inventory management, which can significantly reduce stockouts [8]. - Standardizing processes through digital systems can minimize errors in order management, leading to improved efficiency and reduced complaints from distributors [10]. - Utilizing data analytics can help identify market trends and adjust strategies accordingly, enhancing sales performance [12]. Group 4: Building Collaborative Relationships - Establishing a scoring system for distributors can incentivize performance and encourage them to expand their market reach, benefiting both parties [14]. - Smart management systems can track logistics and prevent unauthorized sales across regions, reducing conflicts and fostering a more cooperative environment [14]. - Transparency in data sharing can rebuild trust between manufacturers and distributors, leading to a more collaborative approach to achieving mutual goals [17].
Investors who lost money on Krispy Kreme, Inc.(DNUT) should contact Levi & Korsinsky about pending Class Action - DNUT
GlobeNewswire News Room· 2025-06-19 20:00
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/krisp ...
高盛:茶姬控股-中国消费调研要点
Goldman Sachs· 2025-06-19 09:47
Investment Rating - The report assigns an "Overweight" rating to Chagee Holdings Ltd, with an industry view of "In-Line" [5] Core Insights - Chagee's unit GMV in China showed sequential improvement in May compared to April, driven by healthy new SKU sales and increasing delivery orders, although food aggregator subsidies have temporarily disrupted product pricing [2] - Management emphasized two strategic focuses: sustainable growth in China to enhance the longevity of the 'Chagee' brand and overseas expansion [7] - The company aims to maintain stable pricing while closely monitoring the impact of food aggregator subsidies on effective prices [7] Summary by Sections Store Units - Initial trial results indicate that approximately 60-70% of the cup mix at Chagee Modern Tea consists of pure tea products [3] Growth Targets - Chagee targets around 10,000 stores in China over the long run, with approximately 1,000 net unit additions per year over the next 2-3 years, focusing on high-tier cities and prime locations [8] Financial Projections - For the fiscal year ending December 2025, the projected revenue is RMB 15,115 million, with an EBITDA of RMB 3,415 million and an EPS of RMB 15.17 [5]