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In its Specialty Products Division, $CHD said organic sales were down 7.7%. Milk prices are still relatively low as there is an oversupply globally. US exports, which historically have been around 15%-plus of US production, are now around 10%. The company is lowering its expectations for the full year 2016 for the division to be down 4-5%.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!