Food Maker BRF Slumps Amid `Challenging' Conditions in Brazil

Updated on
  • Shares slide 11%, most since 2008, after sales miss estimates
  • Third-quarter was `shockingly weak,' Bank of America says

BRF SA, Brazil’s biggest processed-food maker, tumbled the most in seven years after reporting lower-than-expected third-quarter sales amid “extremely challenging” economic conditions in the country.

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