4 ms·
Source? Ben & Jerry's had 9% sales growth last year, out pacing the rest of the market at 4.5%. They haven't reported this year so I'm wondering where you're re
by KidComputer 5y ago
Source? Ben & Jerry's had 9% sales growth last year, out pacing the rest of the market at 4.5%. They haven't reported this year so I'm wondering where you're reading that, I can't find anything.
- ceejayoz 5y agoTheir parent company, Unilever, saw state pension funds unload their shares due to anti-BDS legislation, with a resulting drop in share price. https://www.wsj.com/articles/new-york-state-to-sell-unilever-shares-after-ben-jerrys-israel-decision-11635520354 https://www.wsj.com/articles/new-york-state-to-sell-unilever... > New York’s state pension fund said it would sell its shares in Ben & Jerry’s owner Unilever PLC following a review of the ice-cream brand’s decision to stop retailing its products in Jewish settlements located in the Israeli-occupied West Bank. > State officials said Friday that the New York State Common Retirement Fund, the third-largest public pension fund in the U.S., planned to sell $111 million in Unilever investments, accusing the company of breaking its policy that prohibits the boycott of Israel. > New York’s decision to divest follows similar moves by New Jersey and Arizona, which have also sold Unilever holdings over the issue. Other states have said they were evaluating whether their funds would need to sell their Unilever investments.
- nebula8804 5y agoSo let me get this straight...because some groups got these BS unconstitutional anti-BDS laws passed in various states, they are now divesting from companies because of Unilever's refusal to sell in the occupied territories? At what point do you just accept that the whole system is corrupt and rotten from top to bottom?