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Mead Johnson Nutrition Company

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In the last three months, Mead Johnson consistently remained below the Zacks categorized Food-Misc/Diverisifed sub-industry trend related to price performance. The company also reported mixed third-quarter 2016 results with the bottom line beating the Zacks Consensus Estimate and the top line missing the same. The company witnessed poor sales performance with all of its segments posting weak numbers. Macroeconomic turmoil in the markets of Brazil, Venezuela and Argentina played spoilsport. Foreign currency and stiff competition in the market also add to the company’s woes. However Mead Johnson improved its gross margin because of lower dairy input costs. The company’s Fuel for Growth project also played a major role in improving its profitability.

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