Danone cuts sales outlook after third quarter miss
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PARIS (Reuters) - Danone cut its 2019 sales growth outlook after missing third-quarter sales expectations on Friday, sending shares in the French food group down 7%.The world's biggest yoghurt maker said cool weather in August had hit sales of water in Europe, while yoghurt sales were weak in the United States and Russia, taking the shine off strong baby food sales in China."We close the third quarter somewhere below where we wanted to be," Chief Finance Officer Cecile Cabanis told analysts,..