Tag: Food

Bunge, Viterra offer concessions seeking EU approval for $34 bln merger

U.S. grains merchant Bunge and Glencore-backed Viterra have offered concessions aimed at winning EU antitrust approval for their $34 billion merger, the European Commission website showed on Friday.

General Mills Earnings Beat Estimates. Why the Stock Is Dropping.

General Mills stock was falling after the branded food maker beat quarterly earnings estimates but fell short on sales.

Korinthian Foods: Στο χρηματιστήριο Αθηνών οδεύει η εταιρεία

Την εισαγωγή των μετοχών της στην Κύρια Αγορά της Ρυθμιζόμενης Αγοράς Αξιών του Χρηματιστηρίου Αθηνών («ΧΑ») ανακοίνωσε η «KORINTHIAN FOODS AΝΩΝΥΜΗ EΤΑΙΡΕΙΑ» (η «Korinthian Foods», ή η «Εταιρεία»), ελληνική εταιρεία βιομηχανικής εστίασης.

ΚΡΙ-ΚΡΙ: Στα 6,82 εκατ. ευρώ τα καθαρά κέρδη α’ τριμήνου – Αύξηση 14,4% στον κύκλο εργασιών

Αύξηση πωλήσεων και μεγεθών παρουσίασε στο α’ τρίμηνο της τρέχουσας χρήσης η βιομηχανία γάλακτος ΚΡΙ-ΚΡΙ.

Nestle set to sell $5 pizza, sandwiches for Wegovy, Ozempic users

Nestle will market a new, $5 line of frozen pizzas and protein-enriched pastas in the United States which it says it designed specifically for people taking drugs such as Wegovy or Ozempic for weight loss.

Froot Loops maker WK Kellogg beats revenue estimates on higher prices

WK Kellogg Co beat Wall Street estimates for quarterly sales on Tuesday, as higher product prices offset pressure from slowing demand for the Froot Loops maker’s ready-to-eat breakfast items and snacks.

Tyson Foods Stock Rises After Earnings on Improved Chicken Profits

Shares of Tyson Foods were edging higher Monday after the meat company reported improving profit at its chicken segment.

Hershey Stock Jumps After Earnings Beat. Higher Prices Helped.

Stock in The Hershey Company  jumped on Friday after the chocolate seller reported better-than-expected profits and sales on the back of higher prices.

Kellanova’s profit falls short of estimates as sales beat

Kellanova the packaged food giant formerly known as Kellogg, said Thursday it had net income of $267 million, or 78 cents a share, in the first quarter, down from $298 million, or 86 cents a share, in the year-earlier period. Sales fell to $3.200 billion from $3.342 billion a year ago.

Loulis: Έσπασε το φράγμα των 200 εκατ. ο τζίρος – Πού αποδίδεται ο υπερτριπλασιασμός της κερδοφορίας

Ελαφρά αυξημένες, κατά 2,44%, ήταν οι πωλήσεις για τον όμιλο Loulis Food Ingredients το 2023, ξεπερνώντας τα €200 εκατ. Από την άλλη πλευρά τα κέρδη ήταν πολύ υψηλότερα σε σχέση με το 2022.

Danone beats Q1 sales forecasts, heralds end of European price talks

 France’s Danone reported stronger-than-expected first quarter sales on Thursday and said consumers would see “very little” change in prices of its products on shelves in stores in Europe and North America this year as cost inflation eases.

Κρι-Κρι: Εκτόξευση κερδών το 2023 και αισιοδοξία για την επόμενη ημέρα

Σημαντικά ενισχυμένος κατά 25,9% εμφανίστηκε ο κύκλος εργασιών της γαλακτοβιομηχανίας Κρι-Κρι, που διαμορφώθηκε κατά το 2023 στα €216,33 εκ. έναντι €171,88 εκ. το 2022.Ομοίως, οι πωλήσεις σημείωσαν αύξηση 25,9%, ενώ στα €45,12 εκατ. διαμορφώθηκαν τα EBITDA από €8,86 εκατ. πέρυσι, σύμφωνα και με τις ετήσιες χρηματοοικονομικές καταστάσεις για την χρήση 2023.

Barry Callebaut jumps as volumes hold up despite cocoa price surge

Chocolate maker Barry Callebaut reported a small rise in first-half sales volumes on Wednesday, easing fears that a sharp rise in cocoa prices and other inflationary pressures might hit demand and sending its shares as much as 10% higher.

Danone CEO downplays threat of weight loss drugs on food producers: ‘We see ourselves as extremely complementary’

The CEO of French consumer goods giant Danone on Wednesday downplayed the threat of obesity drugs on its food business.

McDonald’s to sell Krispy Kreme doughnuts nationwide by the end of 2026

McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday.

McCormick Stock Pops as Sales Rise on Higher Prices

Shares of McCormick were trading higher after the seasonings maker easily beat quarterly earnings and sales estimates.

General Mills Stock Rises as Earnings Beat Estimates

General Mills stock was rising Wednesday after the branded food maker reported fiscal third-quarter earnings above Wall Street estimates and reaffirmed guidance.

Unilever to split off its ice cream unit including Ben & Jerry’s

Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring plan.

McDonald’s suffers global tech outage forcing some restaurants to halt operations

McDonald’s suffered a system failure Friday that left customers in some parts of the world unable to order food.

Η ΚΡΙ ΚΡΙ «φλερτάρει» με Walmart και προχωρά σε επενδύσεις 30 εκατ. ευρώ

Συνεχίζει το επενδυτικό πλάνο με νέες επενδύσεις 30 εκατ. ευρώ. Ποια τα σχέδια για το μέλλον, ποια η στόχευση για τον φετινό τζίρο καιτι είναι το θεματικό πάρκο παγωτού.