Unilever beats third-quarter underlying sales estimate

Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases, posting its biggest gain in sales volumes in three-and a-half-years. The consumer goods giant said on Thursday it was keeping its full-year outlook for 3-5% underlying sales growth and an underlying operating margin of at least 18%. Underlying price growth for the quarter was 0.9% while underlying volume sales growth was 3.5%, the biggest increase since the first quarter of 2021 when Unilever reported a 4.7% rise in volumes.