Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft Foods in October.
Hain Celestial’s Greek yogurt brand Greek Gods has been shielded from the price wars raging in the Greek yogurt category and continues to go from strength to strength, with sales surging by 35% in the latest quarter, say bosses.
Kellogg’s boss John Bryant said he was "very disappointed" by the recent Mini-Wheats recall in a call with analysts yesterday, but insisted that it was not a reflection of "systemic" supply chain problems.
Hain Celestial has completed the deal to acquire jams, spreads and peanut butter brands including Hartley's, Sun–Pat , Gale's , Robertson's, and Frank Cooper's, from UK firm Premier Foods for £170m ($272m) in cash and 836,426 shares...
Food and beverage manufacturers with offices and factories on the East Coast have taken precautions to protect staff and keep their businesses running as smoothly as possible as Hurricane Sandy kicks in.