Tag: Food

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.

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.

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

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 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.

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.

 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.

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.

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.

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

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

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

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

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

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.

Shares of Beyond Meat, the company that sells plant-based versions of beef and chicken, skyrocketed early Wednesday as investors were cheered by the outlook for better profits.

Nestle, the world’s biggest food seller, and its French rival Danone have both reported drops in their sales over 2023, caused by cost conscious customers balking at higher prices.

Kraft Heinz missed net sales estimates in the latest quarter as consumers cut back.

Shares of Kellanova formerly known as Kellogg, climbed 2% ahead of Thursday’s open, as the snacks and cereal company, with brands including Pop-Tarts, Cheez-It and Special K, beat fourth-quarter earnings expectations, as price increases offset a decline in volume and the divestiture of its business in Russia.