Universal Robina Faces Earnings Hit From Higher Operating Expenses -- Market Talk

Dow Jones06-10

0625 GMT - Universal Robina faces earnings hit from higher operating expenses, SB Equities' Andrea Marielle Oliveros says in a research report. Its advertising-and-promotions spending is likely to rise in 2H to drive sales volumes of the snacks, coffee and noodles categories amid intensifying competition, the analyst says. The brokerage cuts its 2026 and 2027 core EPS forecasts for the Philippine branded consumer food and beverage product company by 9% and 7%, respectively, to reflect higher assumptions for A&P spending and freight costs. It lowers the stock's target price to 78.00 pesos from 92.00 pesos with an unchanged add rating. Shares are 0.25% higher at 59.25 pesos. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 10, 2026 02:25 ET (06:25 GMT)

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