Exclusive-Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022

By Jessica DiNapoli NEW YORK (Reuters) - Perrigo Company (NYSE:PRGO) PLC, which makes store-brand baby formulas for retailers including Walmart (NYSE:WMT) Inc and Amazon.com Inc...

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By Jessica DiNapoli

NEW YORK (Reuters) - Perrigo Company (NYSE:PRGO) PLC, which makes store-brand baby formulas for retailers including Walmart (NYSE:WMT) Inc and Amazon.com Inc (NASDAQ:AMZN) expects shortages and heightened demand to last for the "balance of the year," said CEO Murray Kessler in an interview with Reuters.

Perrigo's formula manufacturing facilities in Ohio and Vermont are now running at 115% of full capacity, Kessler said. At the request of the U.S. Food and Drug Administration, the company is making only four items, the store-brand versions of Similac Pro Sensitive and Pro Advance and Enfamil Gentle Ease and Infant, Kessler said.

The infant formula maker is also working with retailers including Walmart and Target Corp (NYSE:TGT) so they "get something each week," Kessler said. Retailers' allocations are based on an average of what the retailers' received prior to "this crisis," he said.

The closure of an Abbott Laboratories (NYSE:ABT) infant-formula plant in Michigan exacerbated pandemic-related shortages, leading to empty shelves in big box stores and supermarkets.

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28-05-2022 10:35:55 (UTC+7)

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EUR/USD	1.0735	↑ Buy
GBP/USD	1.2629	Sell
USD/JPY	127.13	↑ Buy
AUD/USD	0.7161	↑ Buy
USD/CAD	1.2723	Neutral
EUR/JPY	136.48	↑ Buy
EUR/CHF	1.0278	↑ Buy

Gold	1,851.64	↑ Buy
Silver	22.130	↑ Buy
Copper	4.3225	↑ Sell
Crude Oil WTI	115.07	↑ Sell
Brent Oil	115.32	↑ Sell
Natural Gas	8.708	↑ Buy
US Coffee C	228.65	↑ Sell

Euro Stoxx 50	3,808.86	↑ Buy
S&P 500	4,158.24	↑ Buy
DAX	14,462.19	↑ Buy
FTSE 100	7,585.46	Sell
Hang Seng	20,697.36	↑ Buy
Small Cap 2000	1,887.90	Neutral
IBEX 35	8,933.60	↑ Buy

BASF	51.110	Neutral
Bayer	66.58	↑ Buy
Allianz	200.20	↑ Buy
Adidas	179.96	↑ Buy
Lufthansa	6.881	↑ Buy
Siemens AG	121.86	Buy
Deutsche Bank AG	10.392	↑ Sell

Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG
SJC Eximbank	6,830/ 6,940 (0/ 0) # 1,716
SJC HCM	6,850/ 6,950 (-5/ -5) # 1,738
SJC Hanoi	6,850/ 6,952 (-5/ -5) # 1,740
SJC Danang	6,850/ 6,952 (-5/ -5) # 1,740
SJC Nhatrang	6,850/ 6,952 (-5/ -5) # 1,740
SJC Cantho	6,850/ 6,952 (-5/ -5) # 1,740
Cập nhật 28-05-2022 10:35:57
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ↀ Giá vàng thế giới
$1,853.48	+0.57	0.03%

ʘ Giá bán lẻ xăng dầu
Sản phẩm	Vùng 1	Vùng 2
RON 95-V	31.250	31.870
RON 95-III	30.650	31.260
E5 RON 92-II	29.630	30.220
DO 0.05S	25.550	26.060
DO 0,001S-V	26.350	26.870
Dầu hỏa 2-K	24.400	24.880

ↂ Giá dầu thô thế giới
WTI	$113.93	+1.17	1.01%
Brent	$115.32	+4.01	3.36%

$ Tỷ giá Vietcombank
Ngoại tệ	Mua vào	Bán ra
USD	23.030,00	23.340,00
EUR	24.263,11	25.622,23
GBP	28.523,96	29.740,84
JPY	177,60	188,03
KRW	15,91	19,38
Cập nhật lúc 10:30:29 28/05/2022 Xem bảng tỷ giá hối đoái