Neogen reported 8.1% core sales growth, with growth in both food and animal safety, and raised its fiscal 2027 sales and adjusted profit forecasts. Some growth came from customer order timing, and management said more improvement is needed, but the higher forecasts and growth point to a brighter outlook.
That gives Neogen evidence that its sales changes are starting to work, and a higher company forecast signals confidence beyond this quarter. Some customer orders landed at favorable times, and management said more improvement is needed. Still, growth in both businesses and higher forecasts make the report encouraging.
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