✉news BusinessBusiness first seen 3 d ago, last 3 d ago, peak #1
Abbott to spin off nutrition business, lowers 2026 sales outlook
Original: Abbott plans to spin off nutrition business, cuts 2026 sales growth view
Abbott Laboratories announced plans to spin off its nutrition business and lowered its sales growth outlook for 2026. The move would separate a unit known for products like infant formula and nutrition drinks, marking a significant reshaping of the healthcare company's portfolio. The announcement also came with a reduced growth forecast, drawing attention from investors and business media.
Why now: A major restructuring announcement combined with a cut to its 2026 sales growth view is significant news for investors and the healthcare sector.
Abbott LaboratoriesAbbott nutrition business
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