a2 Milk Flags Profit Hit on China Supply Woes
New Zealand-based The a2 Milk Company has issued a profit warning after ongoing supply chain disruptions and tightening regulatory requirements hindered shipments of its China-label infant milk formula, its most critical market. The company downgraded its FY2026 outlook, now expecting only low-to-mid double-digit revenue growth—down from earlier mid-double-digit projections—while net profit is forecast to be…