Says Worldwide Nutrition sales decreased 8.9% on a reported basis and 9.1% on an organic basis in the fourth quarter. Results in the quarter reflected the impact of lower sales volumes compared to the prior year and new strategic price actions targeted to increase volume growth in the future. In addition to these strategic price actions, Abbott (ABT) expects to increase volume growth with the launch of several new products in 2026.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABT:
- Abbott says increasing focus on innovation
- Video: Futures pointing higher after President stood down on EU tariff threats
- Morning Movers: Abbott and McCormick sink following fourth quarter results
- Abbott down 7% to $112.20 after Q1 EPS guidance misses estimates
- ABT Earnings: Abbott Stock Sinks as Profit Hit Takes Shine Off Sales Growth