Baby formula
‘Significantly accelerated’: Bubs Australia upgrades guidance
The listed infant formula expects its full year earnings and revenue to be double its initial forecasts, as US deals deliver windfall.
- by Jessica Yun
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Analysis
Stock picking
Biden-approved: Should you invest in baby formula maker Bubs Australia?
Infant formula maker Bubs Australia has seen its share price soar since revealing a landmark US distribution deal, but does that make it a good investment?
- by Jessica Yun
Biden gives Bubs a big thumbs up on baby formula delivery
Bubs Australia shares have jumped after US President Joe Biden thanked company CEO Kristy Carr, as the first batch of its baby formula gets ready to land into the hands of desperate American parents.
- by Jessica Yun
Exclusive
Bubs Australia
‘A compelling story’: Joe Hockey on Biden and Bubs’ $20m baby formula deal
Joe Hockey knows how hard it can be for Australian companies to crack the lucrative American market. That’s precisely what happened this week for Bubs Australia.
- by Jessica Yun
Milk from Down Under: Australian company secures approval to send baby formula to the US
Bubs Australia has secured a massive deal to send its baby formula to the US which is in the midst of a dire shortage.
- by Nell Geraets and Ashleigh McMillan
Military flight brings 35,000 kg of baby formula to US amid supply crisis
President Joe Biden’s administration has struggled to address a nationwide shortage of formula.
- by Michael Conroy
Exclusive
Australia votes
Breastfeeding advocates call for plain packaging to tackle ‘predatory’ formula marketing
The peak body for infant formula makers has accused the Australian Breastfeeding Association of “political statements” that make mothers who use formula feel guilty.
- by Dana Daniel
A2 Milk’s brightening China outlook cheers investors
The milk and infant formula maker is grappling with the effects of COVID-19 and China’s shrinking birth rate but shares have jumped on a brightening outlook.
- by Jessica Yun
Exclusive
Earnings season
A2 Milk to look beyond daigou channels, chairman says
A2 Milk chairman David Hearn is asking shareholders to have faith in the ASX-listed company as it looks to target the Chinese market in different ways.
- by Jessica Yun
A2 Milk to boost direct China sales as daigou market sours
The dairy company will look to boost its direct sales into China despite simmering trade tensions after forecasting a near half-a-billion dollar hit to revenue.
- by Dominic Powell
Police sting seizes nearly $175,000 cache of baby formula, other products
Three people have been arrested across Sydney's south-west, putting an end to a large-scale spate of thefts.
- by Matt Bungard