Tag: Food

Swiss chocolate maker Lindt & Spruengli raises full year sales outlook

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.

.

Domino’s Pizza misses revenue estimates as higher prices squeeze demand

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.

.

Conagra Brands Beats Earnings Estimates, Boosts Dividend. Why the Stock Is Falling.

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 forecasts dour profit as price hikes impact demand

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.

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

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.

ΚΡΙ-ΚΡΙ: Στα 6,68 εκ. ευρώ τα καθαρά κέρδη στο πρώτο τρίμηνο

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.