Tag: Food

Conagra Brands (CAG.N),  missed Wall Street expectations for third-quarter sales on Thursday, as supply-chain disruptions in frozen food and refrigerated business hurt its ability to meet demand.

McCormick (MKC.N), opens new tab missed first-quarter profit estimates on Tuesday, as higher promotional expenses and price cuts for its spices, sauces and seasonings fell short of boosting demand.

Pillsbury owner General Mills cut its annual sales and profit forecasts on Wednesday, as it takes a hit from choppy demand for salty snacks and pet food in North America amid competition from private-label rivals.

Campbell’s Co lowered its annual sales and profit forecasts on Wednesday, signaling weak demand for snacks and intense competition from cheaper private-label brands.

Swiss chocolate maker Lindt & Spruengli will supply chocolate to Canada made in Europe to avoid Canadian tariffs imposed to counter the higher U.S. customs duties imposed by President Donald Trump.

Την έγκρισή της έδωσε η Επιτροπή Ανταγωνισμού στην εξαγορά της Μπάρμπα Στάθης από την Ideal Holdings, υποστηρίζοντας ότι δεν προκαλεί σοβαρές αμφιβολίες αναφορικά με τις απαιτήσεις λειτουργίας του ανταγωνισμού στις επιμέρους αγορές που αφορά.

Skippy peanut butter maker Hormel Foods on Thursday missed first-quarter profit estimates, hurt by higher input costs and the persistent effects of a supply issue at its Planters brand’s distribution facility from last year.

Nestle reported its weakest annual organic sales growth in more than a quarter of a century, hit by a consumer pullback, underscoring the challenges facing Chief Executive Laurent Freixe’s bid to turn around the packaged-food giant.

WK Kellogg Co. posted fourth-quarter profit that barely topped Wall Street’s expectations, even as sales fell more than expected.

Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker’s margins.

Archer-Daniels-Midland Co. said it will reduce its work force as the company expects profits to decline for a third straight year.

PepsiCo forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday, as the Doritos maker faces weakening demand for its sodas and snacks such as Lay’s in the United States, its largest market.

Tyson Foods raised its annual sales forecast on Monday as robust demand for its beef and chicken products helped the meat packer beat estimates for first-quarter results, sending its shares up 4% in premarket trade.

Barry Callebaut shares fell on Wednesday after the company missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand. Shares were down 5.9% at 1,079 Swiss francs in European morning trading, the lowest level in nearly 10 years.

Διατηρήθηκε ο διψήφιος ρυθμός ανάπτυξης της ΚΡΙ – ΚΡΙ για το σύνολο της χρήσης του 2024, σύμφωνα με τη διοίκησή της, και ο ετήσιος κύκλος εργασιών εκτιμάται ότι θα ξεπεράσει τα 250 εκατ. ευρώ, έναντι 216,33 εκατ. το 2023 και 171,88 εκατ. το 2022.

Mars Inc. is borrowing the equivalent of $1 billion through privately-placed bonds, people with knowledge of the matter said, as it begins to repay bank loans it took out to help buy foodmaker Kellanova.

Conagra Brands on Thursday trimmed its annual profit forecast on signs that price reductions on its products across grocery, snacks and frozen food items to spark demand will weigh on its margins.

General Mills stock tumbled in premarket trading Wednesday after the packaged-food company reported better-than-expected fiscal second-quarter earnings but lowered its fiscal-year outlook.

Nestle is launching protein shots in the United States which it says help suppress appetite for people looking to shed pounds, the latest effort by the world’s biggest packaged food maker to tap the booming market for weight-loss products.

Βελτίωση των οικονομικών της μεγεθών καταγράφει η βιομηχανία γάλακτος ΚΡΙ-ΚΡΙ Α.Ε. στο εννεάμηνο του 2024 από την αντίστοιχη περυσινή περίοδο, με την εταιρεία να σημειώνει ότι “η εξωστρέφεια αποδίδει καρπούς” στην ανακοίνωση των αποτελεσμάτων της.