Product Recall

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Dictionary Says

Definition of 'Product Recall'

The process of retrieving defective goods from consumers and providing those consumers with compensation. Recalls often occur as a result of safety concerns over a manufacturing defect in a product that may harm its user.
Investopedia Says

Investopedia explains 'Product Recall'

While the process behind a recall can vary depending on local laws, there are some general steps that occur. For example, if a pet food manufacturer releases a batch of product that may poison animals, the company will publicly announce the dangers of the food and request that its customers return the product to the firm, or simply discard it. Customers will usually be given a full refund or replacement. A public relations campaign is often created to handle the publicity surrounding the event.

Recalls may negatively affect a company's stock. Concerns grow over the company's capabilities when a dangerous product is released, and customers may turn away from purchasing its goods, leading to a decrease in sales.
Search results for

'Product Recall'

  • Boston Scientific Looking Sickly

    http://stocks.investopedia.com/stock-analysis/2010/Boston-Scientific-Looking-Sickly-BSX-JNJ-STJ-MDT0429.aspx
    ... Against the backdrop of a product recall, medical device maker Boston Scientific
    (NYSE:BSX) reported first-quarter 2010 losses of $1.58 billion, almost equal ...

  • Finessing A Recall - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0410/Finessing-a-Recall.aspx
    ... The Bottom Line Many factors can be at the heart of any recall, but the ... Savings Products
    Rates. Click product name to view rates in your area. PRODUCT. TODAY. ...

  • Public Relations: Offering Businesses A Competitive Advantage

    http://www.investopedia.com/articles/financial-theory/10/public-relations-competitive-advantage.asp
    ... When things go bad for a company such as the necessity for a product recall, a major
    product liability law suit, a bankruptcy or some other potentially ...

  • J&J Beats Analyst Expections, But Not Its Rivals

    http://stocks.investopedia.com/stock-analysis/2011/JJs-Rivals-Look-More-Appealing-JNJ-MDT-TEVA-NVS-SYK0425.aspx
    ... launches. However, product recall costs continue to plague the company and
    growth trends have been anemic for several years now. Until ...

  • Smell Your Way To Profits

    http://stocks.investopedia.com/stock-analysis/2009/Smell-Your-Way-To-Profits-MTXX-JNJ-QGLY1124.aspx
    Matrixx Initiatives has taken it on the chin due to the
    product recall of its top-selling product. ...

  • Betting On Boston Scientific

    http://stocks.investopedia.com/stock-analysis/2010/Betting-On-Boston-Scientific-BSX-MDT-STJ0317.aspx
    ... A product recall and an 8.9% decrease for the company's stock price is not what
    shareholders were hoping for. This sell-off may have been overdone though. ...

  • ScottsÂ’ Growth Is No Miracle

    http://stocks.investopedia.com/stock-analysis/2011/Scotts-Growth-Is-No-Miracle-SMG-LOW-HD-WMT-MON0809.aspx
    ... SG&A costs fell a little over 4% but restructuring and one-time charges, including
    product recall costs, sent operating income down 31% to $192.4 million. ...

  • Is Williams-Sonoma Getting To A Good Place?

    http://stocks.investopedia.com/stock-analysis/2009/Is-Williams-Sonoma-Getting-To-A-Good-Place-WSM-PIR-BBBY-KIRK-JEN0903.aspx
    ... pretty much fled. There has even been the bizarre development of product
    recall for dangerous window shades. While product recalls ...

  • Sam Adams Brewing Growth In The US

    http://stocks.investopedia.com/stock-analysis/2010/Sam-Adams-Brewing-Growth-In-The-U.S.-SAM-BUD-FO-HOOK-SBMRY0311.aspx
    ... increase. Product recall costs in 2008 sent net income higher on a
    year-over-year basis, increasing 34.8% to $2.17 per diluted share. ...

  • 4 Stocks To Watch This Week

    http://stocks.investopedia.com/stock-analysis/2012/4-Stocks-To-Watch-This-Week-NR-BIP-V-EXPO0116.aspx
    ... Some services involve product recall, regulatory compliance and litigation.
    In this type of environment EXPO should be thriving. ...

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