Tag: Food

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.

Danone SA (DANO) posted fourth-quarter like-for-like sales growth of 4.7%, ahead of analyst expectations, but North America volume turned negative and the French food group’s chief executive said on Friday that U.S. performance in 2025 had fallen short.

Nestle shares rose 3% Thursday after the maker of Nescafé and KitKat reported organic sales growth for the fourth quarter that beat analyst forecasts.

A crisis over contaminated baby formula has grown with product recall after recall in recent weeks. On Friday, Paris’ public prosecutor said it opened investigations into five companies that make the formula. Parents and investors are on edge.

Shares of Kraft Heinz (KHC) tumbled Wednesday as the packaged-food giant announced it would pause a planned split into two companies and issued a dim 2026 forecast.

Σε φάση έντονης διεθνούς επιτάχυνσης βρίσκεται η σερραϊκή γαλακτοβιομηχανία Κρι Κρι, με αιχμή του δόρατος το Greek frozen yogurt, μια κατηγορία που κερδίζει σταθερά έδαφος διεθνώς και σε αγορές πέραν των παραδοσιακών ορίων του ελληνικού γιαουρτιού.

U.S. meatpacker Tyson Foods reported bigger-than-expected quarterly earnings on Monday, as strong demand for its chicken products ​overshadowed hefty losses in its beef business.

Shares of McCormick & Co. (MKC) fell sharply Thursday after the world’s largest spice company missed quarterly earnings expectations and issued a mixed outlook for fiscal 2026.

Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett.

 Conagra Brands on Friday kept its annual sales and profit targets intact after a muted second-quarter as the Slim Jim meat snacks maker tackles uneven demand for its pantry ‍staples due to pressured consumer spending and stiff competition.

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

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.

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

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 (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 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.