Associated British Foods' more cautious sugar outlook for fiscal 2026 and 2027 could hit consensus expectations, RBC Capital Markets analysts write. There is now a more than 5% downside risk to consensus earnings-per-share forecasts, they write. Elsewhere, Primark's like-for-like sales fall 2.2%, which is better than the 2.5% drop the analysts had expected. Shares fall 2.1% to 1,943.50 pence. (adam.whittaker@wsj.com)
Dow Jones Newswires
AB Foods Turns More Cautious on Sugar — Market Talk
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Associated British Foods' more cautious sugar outlook for fiscal 2026 and 2027 could hit consensus expectations, RBC Capital Markets analysts write. There is now a more than 5% downside risk to consensus earnings-per-share forecasts, they write. Elsewhere, Primark's like-for-like sales fall 2.2%, w…