Tag: Food

Danone shares unchanged as Q4 sales beat offset by U.S. volume miss, recalls

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 plans sale of ice cream business as fourth-quarter sales growth beats estimates

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

French prosecutors are investigating companies like Nestle and Danone over contaminated baby formula. Here’s the latest

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.

Kraft Heinz Is Rethinking a Separation. The Stock Is Tumbling.

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.

Π. Τσινάβος (Κρι Κρι): Η έκπληξη της Κίνας και οι δύο μεγάλες συμφωνίες στις ΗΠΑ

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.

Tyson Foods beats quarterly profit estimates on chicken demand

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.

This Spice Maker’s Stock Is Tumbling After Earnings. What We Know.

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 prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe

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

Conagra maintains annual forecasts on muted demand, incurs $968 million impairment charge in Q2

 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.

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.