Reese’s and Cookie Layer Crunch will be major investment focuses when Hershey’s next CEO Michele Buck takes office in March, 2017, according to the company’s Q4 earnings conference call.
Hershey has posted a 2% rise in third quarter sales, driven by innovations in North America, such as Reese’s Pieces Cups, Big Kat and birthday-themed Kisses.
Is ConAgra’s strategy of cutting back on deep discounts on brands such as Banquet, Chef Boyardee, and Snack Pack – a move that has improved margins but dented revenues – a savvy one, or is it a dangerous gamble that could see it losing distribution in...
A major reorganization of Kellogg’s snacks direct store delivery system took its toll on sales in the first quarter of the year, the company has admitted.
Hain Celestial has launched a new venture unit, Cultivate Ventures, that will invest in small, high-performing brands in the health and wellness arena.
Strong headwinds in the poultry export market hit Pilgrim’s Pride’s annual profits, but a strategy to expand in the booming Mexican market validates its growth strategy, the company claims.
Herbalife seems to have put the specter of activist investor Bill Ackman behind it. But emerging out of a mixed earnings report is another cloud for the company: slowing sales in North America, a phenomenon that has afflicted other network marketing...
J.M. Smucker Company’s notable 9% list price increase on Folgers, Dunkin’ Donuts and other packaged coffees in the U.S. announced last June has finally caught up with the food maker, dragging down its second quarter sales an expected 5%.
Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.
United Natural Foods Inc. the dominant force in organic and natural food distribution in North America, says its acquisiton of Tony’s Fine Foods will help it stave off competition in the space from more mainstream distributors.
While General Mills’ decision to rid Original Cheerios of GMOs has generated an enormous amount of publicity, it has not, apparently, translated to the top line.
While many grocery brands are struggling to generate any growth right now, top gluten-free brands Udi's and Glutino notched up combined net sales growth of 53% in the latest quarter, bosses at brand owner Boulder Brands have revealed.
The Hershey Company has said it aims to increase net sales by more than half their current level in the next five years, to hit $10bn by the end of 2017.
The Hershey Company has announced improved sales and gross profit in its fourth quarter (Q4) and end of year results as sales in emerging markets soared.
Direct selling supplements giant Herbalife aims to expand its manufacturing footprint dramatically over the next two-to-four years as it steps up plans to make more of its products in-house.
Agricultural and food ingredient firm Bunge has reported a slump in
net income for its first quarter of almost 80 percent, primarily
due to unrealized mark-to-market losses.
Banana supplier Chiquita has reported a widened loss in its fourth
quarter and full year, but the firm said it expects a number of
strategic initiatives it has put in place will help it gain
momentum in 2007.
Leading oilseed processor Bunge has reported a sharp fall in second
quarter profit after farmer protests in Brazil caused a significant
disruption in the company's business.
General Mills' net sales increase of three percent to $2.66 billion
for fiscal 2006 first quarter has been dampened by fears that
higher fuel prices will put pressure on earnings for the rest of
the year.
Corn Products International has announced improved sales and
improved earning for the first nine months of 2004, though as the
company had previously forecast, the second half of the year is
proving more challenging.
US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.
