US EditionUnilever to hike prices in 'small doses' as Iran war threatens to hit shoppers
Unilever said the increases will come in small doses and mainly hit markets facing the highest inflation, while first-quarter sales growth beat forecasts.
- Unilever announced Thursday it will implement price increases to manage higher-than-anticipated costs driven by the Iran War, even as the company reported 3.8% underlying sales growth for Q1 2026.
- Surging commodity prices and persistent supply chain disruptions exacerbated by the Iran War are creating one of the most challenging cost environments in recent memory for global consumer goods companies.
- Finance Chief Srinivas Phatak stated full-year total cost inflation could reach about 750 million to 900 million euros, noting, "There will be frequent price increases but in small doses."
- Concentrating price increases in Asia, Africa, and Latin America where inflation is highest, CEO Fernando Fernandez continues restructuring to prioritize personal care and beauty brands over North America.
- Quilter Cheviot analysts warn that pricing power faces limits in developed markets like Europe, as a Reuters review of more than 200 company statements shows 36 firms have signaled war-driven price hikes.
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Unilever to raise prices as Iran war costs hit consumer giant
Unilever (ULVR.L) said this week it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported first-quarter underlying sales growth ahead of analysts’ forecasts. The London-listed maker of Dove soap and Axe deodorant, which has a market valuation of more than $120 billion, kept its 2026 sales and profit margin forecasts unchanged, indicating it hopes to weather the heightened economic unce…
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Unilever Plans Price Increases as Rising Costs from Global Tensions Pressure Consumer Goods
Unilever has announced plans to raise prices across parts of its product range as it grapples with mounting costs driven by global instability linked to ... The post Unilever Plans Price Increases as Rising Costs from Global Tensions Pressure Consumer Goods first appeared on [your]NEWS.
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CDE NewsUnilever to hike prices as Iran war drives up costs
STORY: Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war. That's even as it reported first-quarter underlying sales...
Maker of Dove soap, Axe deodorant warns of small, 'frequent' price hikes due to war in Iran
Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported first-quarter underlying sales growth ahead of analysts' forecasts.
Unilever price hikes loom for shoppers as Iran War drives up costs
Unilever announced on Thursday it will implement price increases to mitigate the impact of higher-than-anticipated costs, largely driven by the Iran War, even as the consumer goods giant reported first-quarter underlying sales growth that surpassed analysts' expectations.
The Dutch-British producer expects to have to raise prices due to inflation. And because demand in Europe and the US is weak, these price increases will be passed on primarily in Asia.
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