Unilever Sales Growth Misses Estimates on Emerging Markets

Unilever, the maker of Dove soap and Lipton tea, reported second-quarter revenue growth that missed estimates as Asian emerging markets continued to slow and the struggling food business posted another sluggish result.

Underlying sales rose 3.8 percent in the period ended June 30, the London- and Rotterdam-based company said today in a statement. The median estimate of 15 analysts surveyed by Bloomberg was for a 4.3 percent increase.