Competitive PressureA Feihe profit warning may weigh on Danone, with Feihe shares down 17%.
Growth ProjectionsSecond half growth projections falling below 3% threaten perceptions for mid-term growth moving to 3-4%, which puts the current price-to-earnings ratio at risk.
Market ChallengesHeightening competition in creamers and proteins, along with tougher volume comparisons in China nutrition, pose challenges to growth.