Tag: Food

July 27 (Reuters) – Mondelez International (MDLZ.O) on Thursday raised its full-year growth forecasts for the second time this year, helped by robust demand for the Oreo maker’s snacks and chocolates despite several rounds of price increases.

LONDON, July 27 (Reuters) – Nestle (NESN.S) improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the world’s biggest packaged food company again raised prices to cope with higher input costs.

ZURICH, July 25 (Reuters) – Lindt & Spruengli (LISN.S) upped its full-year sales outlook to 7-9% on Tuesday after price increases helped the Swiss chocolate maker post organic growth above its 6-8% target range for the first six months of 2023.

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July 24 (Reuters) – Domino’s Pizza (DPZ.N) missed Wall Street estimates for second-quarter revenue on Monday, as elevated delivery fees and higher prices to boost margins hurt demand for its pizzas and chicken wings.

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Conagra Brands CAG –0.42% stock fell early Thursday despite the processed food maker posting fourth-quarter adjusted earnings that beat expectations, and announcing a dividend boost.

General Mills’ full-year profit forecast on Wednesday came in largely below analysts’ estimates as the U.S. packaged food maker battles with slow demand for its ready-to-eat cereals and meal kits due to higher prices.

U.S. grains merchant Bunge and Glencore -backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.

Εντυπωσιακή άνοδο του κύκλου εργασιών και της κερδοφορίας κατέγραψε κατά το πρώτο τρίμηνο του 2023 η βιομηχανία γάλακτος ΚΡΙ-ΚΡΙ, σε σχέση με την αντίστοιχη περίοδο του 2022.