Beiersdorf AG
BEI: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?> | LOCK|^^fZ | LOCK|R%W |
Beiersdorf: Sales Hit by Temporary Headwinds and Near-Term Recovery Remains Blurred; Shares Cheap
Beiersdorf's organic sales declined by 4.6% in the first quarter, missing management's guidance of a low-single-digit decline, driven by weakness in Nivea (negative 7%) and La Prairie (negative 15%). Shares fell around 3% on April 21, extending the year-to-date loss to almost 20%.
