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UPDATE 3-NZ's a2 Milk cuts sales view on China consumer woes, shares slump

UPDATE 3-NZ's a2 Milk cuts sales view on China consumer woes, shares slump

* Company expects FY21 rev of NZ$1.20-1.25 bln * 'Daigou' channel pressured by excess inventory - CEO * Company mulling potential share buyback (Adds share reaction) By Shashwat Awasthi May 10 (Reuters) - New Zealand's a2 Milk on Monday cut its annual sales forecast for the third time amid continued disruptions...

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China Chinese NZ$1.20-1.25 New Zealand Reuters Shashwat Awasthi

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