How the Infant Formula Recall Will Impact Abbott's Revenue

How the Infant Formula Recall Will Impact Abbott's Revenue

Submitted by admin on May 17, 2022 - 10:31am
Source: 
Motley Fool
News Tags: 
Abbott Labs
infant formula
FDA
Headline: 
How the Infant Formula Recall Will Impact Abbott's Revenue
snippet: 
  • Recall of baby formula and ongoing plant closure is hurting Nutritionals sales.
  • Abbott continues to wait for FDA clearance to resume production.
  • Overall, Abbott still achieved growth as other business segments compensated for the losses.

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