On Friday, Shares of Unilever N.V. (NYSE:UN), gained 0.33% to $45.10.
Unilever’s stock gained Thursday, after the personal products company stated strong revenue growth for the third quarter.
Unilever said underlying sales grew 5.7% in the third quarter, with volume up 4.1% and prices up 1.5% in the quarter. The company said the high revenue growth was due to strong ice cream sales and some advanced sales in Latin America.
The company said it now anticipates underlying sales in the upper range of its estimated 2% to 4% growth for the full year.
“Our model of competitive, profitable, consistent and responsible growth is built on sustained investment in our brands, infrastructure and people,” CEO Paul Polman said in a statement. “The sharpened strategies across the four categories are gaining traction and a stronger innovation pipeline is increasingly driving growth. As the results show, the scale and breadth of our portfolio brings resilience in challenging economic conditions.”
Unilever N.V. operates as a fast-moving consumer goods company in the Americas, Europe, Asia, Australasia, Africa, the Middle East, Turkey, Russia, Ukraine, and Belarus. The company operates through Personal Care, Foods, Refreshment, and Home Care segments.
On other hand, Shares of Pilgrim’s Pride Corporation (NASDAQ:PPC), inclined 0.58% to $18.28.
Pilgrim’s Pride Corporation, is -44.45% down from its peak. The consensus price target is $31. The stock is trading at $18.12, up 0.67 percent from 52-week low of $18. its average volume stood at 1.72M. The stock has shown 4.33% volatility for the week, while for the month it was 3.74%.
Pilgrim’s Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico. It offers fresh chicken products comprising pre-marinated or non-marinated, and prepackaged refrigerated (nonfrozen) whole or cut-up chicken in various combinations of refrigerated whole chickens and chicken parts.
