Why Unilever (UL) Stock Is Lower Today

NEW YORK (TheStreet) -- Shares of Unilever (UL) are down -0.39 to $45.42 in pre-market trade as the consumer goods company reported second quarter revenue growth that missed estimates as Asian emerging markets continued to slow and the struggling food business posted another sluggish result, Bloomberg reports.

Underlying sales were up 3.8% in the period ended June 30, the company said today.

The median estimate of 15 analysts surveyed by Bloomberg was for a 4.3% increase.

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