International Flavors & Fragrances Inc. (IFF)

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Why is International Flavors & Fragrances Inc. (IFF) Stock down?

We've noticed a 6.40% decline in International Flavors & Fragrances Inc. (IFF) stock during the 2024-02-21 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

08 Aug, 2023:

International Flavors & Fragrances' shares dropped 19.37% after reporting weak Q2 results and lowering its FY23 outlook, with revenue of $2.93B missing estimates and a reduced sales guidance of $11.3B-$11.6B from the previous estimate of $12.3B for FY23.

https://www.benzinga.com/news/earnings/23/08/33627656/international-flavors-fragrances-analysts-cut-their-forecasts-after-downbeat-q2-results