Andrea Felsted, Columnist

Danone Can't Offset a Baby Bust With Yogurt

The company always faced tough comparisons to last year, but it still needs to show investors it can keep sales going outside the nursery.

October 17, 2018 at 11:21 AM UTC

By Andrea Felsted

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Not so much of a boom anymore.
Photographer: Nelson Ching

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All the yogurt in the world can't make up for a baby bust.

Danone SA reported its weakest third-quarter sales growth in more than a decade as infant nutrition revenue in China fell 20 percent. It was a very different story a year ago, when sales of baby milk rose by more than 50 percent in the period.