Tag: Food

General Mills Stock Rises on Earnings. Investors Get Signs of Progress.

Shares of General Mills rose Wednesday after the packaged-food company reported better-than-expected quarterly earnings.

Unilever spinoff Magnum Ice Cream debuts on Amsterdam stock market

Magnum Ice Cream Company debuted on the Amsterdam stock exchange on Monday, completing its long-awaited spinoff from Unilever as it looks to reinvigorate growth amid challenges from high-profile public spats with Ben & Jerry’s.

ΚΡΙ ΚΡΙ: Αύξηση κύκλου εργασιών 25,2% στα €259,69 εκατ. το εννεάμηνο

Στην εγχώρια αγορά γιαουρτιού οι πωλήσεις ξεπέρασαν τα €63 εκατ., παρουσιάζοντας αύξηση +5,8% σε αξία – Σημαντική είναι η ανάπτυξη των πωλήσεων παγωτού στο εξωτερικό +38,3%, με όχημα το Greek Frozen Yogurt

Tyson Foods forecasts annual revenue rise as chicken demand offsets beef woes

Tyson Foods (TSN.N), on Monday forecast annual revenue above analysts’ estimates, betting on demand for chicken products to offset weaknesses in its beef business.

Επενδυτικό σχέδιο της Κρι-Κρι εντάσσεται σε καθεστώς ενίσχυσης

Η απόφαση αναφέρεται στην επέκταση της παραγωγικής δυναμικότητας στον τομέα των γαλακτοκομικών προϊόντων, στο εργοστάσιο της εταιρείας στις Σέρρες, συνολικού επιλέξιμου και συνολικού ενισχυόμενο κόστους 10.090.800 ευρώ.

Kraft Heinz trims annual sales, profit forecasts as demand remains depressed

Kraft Heinz (KHC.O), lowered its annual sales and profit forecasts on Wednesday, signaling persistent weakness in demand for its pricier snacks and pantry condiments from budget-conscious consumers amid macroeconomic uncertainty.

Nestle jumps 8% after consumer goods giant announces plans to slash 16,000 jobs

Nestle said Thursday it will cut 16,000 jobs as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant.

McCormick beats quarterly estimates, cuts annual profit view amid tariff woes

McCormick on Tuesday beat expectations for third-quarter sales and profit, aided by resilient demand for its higher-priced spices and seasonings even as macroeconomic uncertainty loomed over consumer spending.

Εβροφάρμα: Αύξηση 29% στα καθαρά κέρδη το πρώτο εξάμηνο

Η Εβροφάρμα  ανακοινώνει τα οικονομικά της αποτελέσματα για το πρώτο εξάμηνο του 2025. Η Εταιρεία παρουσίασε αυξημένο κύκλο εργασιών και βελτίωσε την αποδοτικότητα των λειτουργιών της.

Κρι Κρι: Καθαρά κέρδη €19,45 εκατ. και αυξημένος κύκλος εργασιών 23,7% στα €161,9 εκατ. το α΄εξάμηνο

Η εταιρεία παρουσίασε διψήφια ανάπτυξη στις πωλήσεις και κυρίως στο γιαούρτι εξωτερικού και το παγωτό, ενώ προχωρά στρατηγικές επενδύσεις €52,2 εκατ. – θα συνεχιστεί η ισχυρή ανάπτυξη στον τζίρο το 2025 εκτιμά η διοίκηση

General Mills keeps annual outlook as North America demand softens

General Mills (GIS.N), maintained its annual sales and profit forecasts on Wednesday, as the Cheerios maker grapples with rising economic uncertainty and softer demand in key markets, including North America.

Nestlé names Philipp Navratil as CEO after dismissing Laurent Freixe

Nestlé S.A. appointed Philipp Navratil as its new CEO on Monday, following the immediate dismissal of Laurent Freixe for breaching the company’s Code of Business Conduct, according to a company press release.

Kraft Heinz Is Splitting Into Two. Food Breakups Are in Fashion.

Kraft Heinz (KHC) is splitting into two companies. The packaged-food company is betting on the industry trend that small is beautiful in a restructuring that partially reverses the merger of Kraft and Heinz in 2015.

Μύλοι Κεπένου: Ολοκληρώθηκε το squeeze out της ΓΙ.ΕΛ.ΔΗ Συμμετοχών

Η «ΓΙ.ΕΛ.ΔΗ ΣΥΜΜΕΤΟΧΩΝ Α.Ε.» ανακοινώνει ότι στις 28 Αυγούστου 2025 ολοκληρώθηκε η διαδικασία άσκησης από τον Προτείνοντα του δικαιώματος εξαγοράς μέσω της οποίας ο Προτείνων απέκτησε συνολικά 521.497 κοινές, ονομαστικές, μετά ψήφου μετοχές της «ΜΥΛΟΙ ΚΕΠΕΝΟΥ Α.Β.Ε.Ε.» έναντι τιμήματος € 1,93 ανά μετοχή.

Hormel Foods sees quarterly profit below estimates as commodity costs rise

Skippy peanut butter maker Hormel Foods forecast lower-than-expected profit for the ongoing quarter on Thursday, after missing third-quarter earnings estimates on higher commodity costs, sending its shares down about 7% in premarket trading.

J.M. Smucker Stock Falls on Earnings. Sales in This Sweet Segment Tumble.

Shares of J.M. Smucker(SJM) were falling Wednesday after the packaged food maker reported mixed quarterly earnings.

Dr Pepper takes a shot at Nestle with $18 bln takeover of Dutch coffee giant

U.S. soft drinks giant Keurig Dr Pepper (KDP.O), is set to create a global coffee giant to rival market leader Nestle (NESN.S), with an $18 billion takeover of JDE Peet’s (JDEP.AS), Europe’s largest acquisition in more than two years.

Archer-Daniels-Midland posts drop in second-quarter profit

Archer-Daniels-Midland (ADM.N), posted a fall in second-quarter profit on Tuesday, hurt by weakness in oilseed crush margins and weak performance in its grain origination and crushing business.

Danone shares shine after Q2 sales beat expectations thanks to strong China

Danone (DANO.PA), shares rose as much as 7% on Wednesday after it delivered second-quarter sales that beat expectations, boosted by strong demand in China for infant milk formula and medical nutrition products.

Hershey beats quarterly estimates on strong Easter demand

Hershey (HSY.N), beat analysts’ sales and profit estimates for the second quarter on Wednesday, driven by demand during Easter for its confectionery goods and salty snacks.