Lipton Teas Q3 Volumes Decline at Slower Pace
Reorg Blog
JANUARY 15, 2024
Volumes for Lipton Teas and Infusions (fka Ekaterra) continued to decline year over year in the third quarter although at a slower pace, and the impact of lower volumes on revenue was more than offset by price increases. The global tea business has been intentionally losing volumes to boost profitability, by focusing on higher margin business areas.
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