RBGLY / Reckitt Benckiser downgraded as Credit Suisse sees good times ending for consumer staples

Not even the start of a £1 billion ($1.21 billion) buyback program could save shares of Reckitt RKT, -4.83% on Wednesday, as they dropped nearly 7% a more_horizontal

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) launched a £1 billion buy-back as new chief executive Kris Licht unveiled his hopes for the business, more_horizontal

Reckitt Benckiser is “cheap” compared to the sector and against its own history, according to Deutsch Bank, although it is “tough to re-rate.” more_horizontal

Reckitt Benckiser Group plc (OTCPK:RBGPF) Q2 2023 Earnings Call Transcript July 26, 2023 8:30 AM ET Company Participants Richard Joyce - IR Nicandro D more_horizontal

Durex and Veet owner Reckitt Benckiser said first-half revenues moved higher with the consumer goods reiterating its confidence amid a challenging bac more_horizontal

Reckitt Benckiser Group is a global manufacturer and seller of health, hygiene, and nutrition products. Reckitt has benefited well from the pandemic, more_horizontal

Reckitt's Lysol disinfectant brand said on Tuesday that it would start selling in the U.S. an "air sanitizing spray" that kills 99.9% of airborne viru more_horizontal

Reckitt Benckiser's first-quarter sales are expected to be ahead of Jefferies' previous consensus, with the broker remaining hold on the consumer good more_horizontal