Unilever Sales Beat Estimates as Brazil Leads Emerging Gains

Unilever, the world’s second-biggest consumer-goods company, reported third-quarter revenue growth that beat estimates and industry peers as consumers in emerging markets such as Brazil bought more personal-care products.

So-called underlying sales increased 5.9 percent from a year earlier, the London- and Rotterdam-based maker of Axe body sprays said today. The median estimate of 13 analysts surveyed by Bloomberg was for a 5.3 percent gain. Units sold rose 3.4 percent, more than the 2.5 percent gain estimated by analysts.