Business
A2 Milk (ASX:A2M) share price in danger after downgrading guidance again – The Motley Fool Australia
The A2 Milk Company Ltd (ASX:A2M) share price could be in danger on Monday after it downgraded its guidance once again…
The A2 Milk Company Ltd(ASX: A2M) share price could come under further pressure on Monday.
This follows the release of a trading update which reveals that it has downgraded its FY 2021 guidance yet again.
What did a2 Milk announce?
According to the release, trading dynamics in the China infant nutrition market have continued to be challenging for the company.
As a result, it has now become clear that the actions taken to address challenges in the daigou/reseller and CBEC channels will not result…
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