Unilever, Carlsberg Boost Sales by Raising Prices on Soap, Beer
- Sales growth beat analysts’ estimates at all three companies
- Risk looms that shoppers may start to balk at paying more
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Unilever Plc, Carlsberg A/S and Pernod Ricard SA are increasing the pressure on consumers worldwide with higher prices for Dove soap, beer and Havana Club rum, raising the risk that shoppers may start to balk at spending more.
All three companies reported sales growth Thursday at about double the pace analysts had expected. Unilever forecast full-year revenue growth at the top end of its forecast, though warned that profitability may suffer as consumers cut back on purchases.