Thai Union ups forecasts after “strong” Q2

Thai Union, a major seafood company operating brands including King Oscar and John West, announced revised guidance for its financial performance later this year. The company increased its projected sales growth to a range of 4-6%, up from an earlier estimate of 3-4% expansion. Additionally, the company raised its forecast for gross margin performance, now expecting a range of 19.5% to 20.5% compared with its previous projection of 19-20%.
The company’s second-quarter results provided the