Tag: Food

Swiss food giant Nestle said Friday it’s weighing its options after the Kremlin moved to place the Russian assets of its business under temporary external administration.

Nestle is raising prices, reformulating products and cutting items consumers are unwilling to pay more for as it tackles the effects of higher energy, ​freight and raw material costs following the conflict in the Middle East, CEO Philipp ‌Navratil told Reuters on Wednesday.

Το τελικό μικτό ποσό που θα καταβληθεί διαμορφώνεται στο ποσό των 0,0601276633 ανά μετοχή, καθώς θα προσαυξηθεί με το μέρισμα που αντιστοιχεί στις 29.031 ίδιες μετοχές που κατέχει η Εταιρεία, ήτοι κατά 0,00013 ευρώ ανά μετοχή.

Campbell’s said it has cut more than 550 jobs, or roughly 13% of its salaried workforce, as part of a cost-savings program that aims to turn around the company’s struggling operations.

Tyson Foods cut its fiscal 2026 profit forecast on Thursday for the second time in roughly a month, as worsening losses in its beef segment continued to weigh on the company.

U.S. President Donald Trump ​said on Friday he would allow up ‌to 300,000 metric tons of ground beef to be imported without impacting ​tariff quotas as part of ​a 90-day deal aimed at ⁠lowering prices as U.S. consumers ​struggle with grocery bills.

Στον δείκτη Standard Greece του MSCI προστίθεται η μετοχή της Motor Oil, όπως έκανε γνωστό χθες τα μεσάνυχτα ο διεθνής χρηματιστηριακός πάροχος.

Shares of Tyson Foods declined Monday after the meat processor reported mixed quarterly results, with sales coming in well below Wall Street estimates as beef prices increased dramatically.

Nestlé took another step toward slimming down on Thursday, but the latest stage in its high-stakes turnaround plan left a sour taste for investors.

Shares of General Mills  advanced on Wednesday after the company reported better-than-expected fourth-quarter profit and said it was focused on organic sales growth in fiscal 2027 and beyond.

Cholula hot sauce maker McCormick beat Wall Street estimates for second-quarter sales and profit on Thursday, driven by strong demand for its spices and seasonings as consumers cook more at home amid economic uncertainty.

Shares of J.M. Smucker rose Tuesday after the packaged-food maker reported better-than-expected quarterly earnings, though it expects sales to fall in the coming year.

Campbell’s stock rose Monday after the packaged-food company reported mixed quarterly earnings. Earnings of 48 cents a share—down sharply from 73 cents a year ago—on revenue of roughly $2.38 billion, representing a year-over-year sales decline of 3.8%.

Nestle will fully acquire the smart food brand yfood ​Labs from its founders, a statement said ‌on Wednesday, the first acquisition for the world’s largest packaged food company under new CEO ​Philipp Navratil, who took charge in ​September.

Tyson Foods, on Thursday ​named former Procter & Gamble executive ‌Jeff Schomburger as its new CEO, set to replace Donnie ​King in the role ​from October.

Αύξηση 35,4% παρουσίασε ο κύκλος εργασιών της Κρι-Κρι για το α’ τρίμηνο 2026 και διαμορφώθηκε στα 89,9 εκατ. ευρώ έναντι 66,38 εκατ. ευρώ το 2025.

Blackstone and CD&R are among private equity ‌firms in the early stages of exploring bids for Magnum Ice Cream Company (MICCT.AS), two sources familiar with the matter told Reuters, less than six months after the owner of Cornetto and Ben & Jerry’s was spun out of ​Unilever (ULVR.L).

Nadeem Bajwa will make a ‘significant investment’ alongside Irth, sources say.
Company has been in active discussions to sell for months.

Tyson Foods (TSN.N), reported better-than-expected quarterly earnings on Monday, as ‌rising chicken sales helped counter a sharp drop in demand for high-priced beef.

Με βελτιωμένα περιθώρια ξεκίνησε το 2026 για την Κρι Κρι, καθώς η αποκλιμάκωση στο κόστος πρώτων υλών και οι ανατιμήσεις που πέρασαν από το δεύτερο εξάμηνο του 2025 αντισταθμίζουν σε μεγάλο βαθμό την επιβάρυνση περίπου 5,5 εκατ. ευρώ από τη σύγκρουση στη Μέση Ανατολή, επιτρέποντας στη διοίκηση να διατηρεί την εκτίμηση για EBIT κοντά στα 60 εκατ. ευρώ, αλλά και πωλήσεις άνω των 390 εκατ. ευρώ από 329 εκατ. ευρώ το 2025.