Tag: Food

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.

Nestlé (NESN) stock was rallying on Thursday even though the Nescafé and KitKat maker reported a drop in quarterly sales.

Η ΚΡΙ-ΚΡΙ Α.Ε. ανακοίνωσε τις ετήσιες χρηματοοικονομικές καταστάσεις για τη χρήση του 2025, καταγράφοντας ισχυρή αναπτυξιακή πορεία σε επίπεδο κύκλου εργασιών και λειτουργικής κερδοφορίας, παρά τις μικρές πιέσεις στην τελική γραμμή των καθαρών κερδών.

Ανάπτυξη 8,1% με πωλήσεις που άγγιξαν τα €50 εκατ. (€49,44 εκατ.) εμφάνισε πέρυσι ο όμιλος Εβροφάρμα ο οποίος αύξησε παράλληλα τους όγκους, με κύρια εστίαση στο στραγγιστό γιαούρτι.

McCormick will buy Unilever’s food business for a combination of cash and equity, in a deal that values the Unilever unit at nearly $45 billion, the two food companies announced.

French food and beverage maker Danone said Monday it’s set to buy protein drinks maker Huel as a more health-conscious younger generation and the rise of weight-loss drugs pushes companies to rethink what people want to consume.

Unilever (ULVR) is in talks to sell its foods business to smaller rival McCormick & Company (MKC.N),  potentially marking a major shift for the British ‌consumer goods company as it seeks to focus on higher-growth household and personal care businesses.

General Mills (GIS) reaffirmed its annual sales and profit forecast on Wednesday after ​slashing it last month, as pressure on consumer spending and stiff ‌competition muted demand for the Cheerios maker’s pantry staples and snacks.

Campbell’s Co (CPB) on Wednesday warned revised U.S. tariffs will intensify cost pressures ​in the second half of the year, after the food maker ‌cut its annual sales and profit forecasts, citing rising macroeconomic risks.

Agribusiness company ​Bunge (BG) said on ‌Tuesday it expects earnings to increase to ​at least $15 per ​share by 2030 and ⁠announced a new $3 ​billion share repurchase program.