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Kenvue Cuts Annual Profit Forecast On Soft Demand For Cold, Flu Medicines

Kenvue cut the higher end of its annual profit forecast following weakness in demand for its cold and flu medicines and an increased impact from a stronger doll. ....

Thibaut Mongon ,

Local Heroes 2023: Sister Bulurelo's church garden feeding the elderly and children

Behind the bleak grey walls of St Peter’s Claver Catholic Church lies a garden of Eden, budding with life and hope for hundreds of residents. For more than 20 years, Local Hero nominee, Sister Nobulali Bulurelo, 53, has been helping the elderly community feed their families by growing organic vegetables in the church gardens. ....

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Local Heroes 2023: Selfless nurturing of young talent makes SweetMama the toast of community

For more than 30 years, Zalisile Marwanqana, better known as “Sweet Mama”, has been constantly nourishing young talent in the performing arts, sports and life skills going as far as using his social grants to fund his programmes. Since 1989, the 63-year-old multitalented patriot of Nqadu village near Willowvale has been developing young talent. ....

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Local Heroes 2023: Captain Mark McKerry goes beyond call of duty to help community

The heartbreak of seeing people go to bed on empty stomachs inspired police Captain Mark McKerry to help those in need. Described as someone who goes beyond the call of duty, McKerry is known for his volunteer work in several communities. His passion to assist others stems from having come from a disadvantaged background himself and his 34 years of being a policeman. ....

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Kenvue cuts annual profit forecast on weakness in cold, flu meds demand

(Reuters) -Kenvue on Thursday warned that a longer summer season in the northern hemisphere would hurt sales of its cold and flu medicines this year as the Benadryl maker cut the higher end of its annual profit forecast range. The consumer health company, which also flagged an increased impact from a stronger dollar, now expects full-year adjusted profit between $1.26 and $1.28 per share, compared with its previous forecast of $1.26 to $1.31 per share. "Mostly due to the seasonally warm weather we saw in the northern hemisphere in September, we see a slow start of the season," CEO Thibaut Mongon told Reuters. ....

Bhanvi Satija , Shweta Agarwal , Orthern Hemisphere , Summer Season ,