Tag: Food

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 (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.

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.

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.

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

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 (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 (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 (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.

Σε τροχιά επιτάχυνσης περνά η ΚΡΙ ΚΡΙ, καθώς το επενδυτικό της project «Greek Yogurt Dynamo» εντάχθηκε επίσημα στο καθεστώς των Στρατηγικών Επενδύσεων, εξασφαλίζοντας fast track διαδικασίες αδειοδότησης και φορολογικά κίνητρα.

Chocolate maker Ferrero has agreed to buy cereal giant WK Kellogg in a deal valued at $3.1 billion.

McCormick & Co.’s sales edged higher in its fiscal second quarter, while earnings beat Wall Street estimates. The maker of spices and seasonings also maintained its fiscal-year sales outlook, saying it is well positioned to mitigate higher costs from tariffs.

General Mills stock was falling in premarket trading Wednesday after the maker of Lucky Charms and Cheerios cereals narrowly beat earnings expectations for its fiscal fourth quarter but said it anticipates another challenging year ahead.

Krispy Kreme , Inc. (NASDAQ:DNUT) stock fell as much as 7% before paring losses to 4% on Tuesday after the doughnut maker and McDonald’s USA (NYSE:MCD) announced they will end their partnership, effective July 2, 2025.

Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the U.S. containing those ingredients.

Kraft Heinz (KHC.O), is spending $3 billion to upgrade its U.S. factories, its largest investment in its plants in a decade, even as executives say consumer sentiment is at its second-lowest point in 70 years, and it has cut sales and profit forecasts.

Η γαλακτοβιομηχανία Κρι Κρι ανακοίνωσε θετικά οικονομικά αποτελέσματα για το α’ τρίμηνο 2025, σημειώνοντας ισχυρή αύξηση εσόδων και κερδών, κυρίως μέσω εξαγωγών. Παράλληλα, προχωρά στην υλοποίηση επενδυτικού σχεδίου άνω των €50 εκατ., με στόχο την ενίσχυση της παραγωγικής δυναμικότητας και τη βιώσιμη ανάπτυξη.

Μικρή αύξηση της τάξης του 2% εμφάνισαν οι πωλήσεις για τον όμιλο Loulis Food Ingredients το 2024, φθάνοντας τα €206,78 εκατ.

Unilever beat estimates for first-quarter underlying sales growth on Thursday, helped by price increases and strong demand for its premium products, and said it expected the direct impact of tariffs to be limited.

Η επιβολή δασμών στα εισαγόμενα ευρωπαϊκά προϊόντα μπορεί να επηρεάσει την ανάπτυξη της Κρι Κρι στην αγορά των ΗΠΑ .