Analysts tracking consumer health product firms in the US anticipatevApril-June results lower than a year ago across most businesses. While some results will be lower on comparisons with strong growth in 2023, others will reflect a slow allergy season, retailers’ inventories remaining high as consumer spending slows or firms continuing to recover from supply chain problems.
The US consumer health products space didn’t end the latest quarter with no place to go but up, market analysts’ expectations of headwinds pushing against sales growth, however, could have the industry thinking it’s not far from the bottom.
Analysts tracking OTC drug and dietary supplement firms in the US anticipate reports of April-June results lower from the year-ago...