Financial Results

Coca-Cola Co. raises full-year guidance on Q3 2023 results, focuses on digital investments

24-Oct-2023 By Ryan Daily

The Coca-Cola Company continues to invest in sustainable packaging through its World Without Waste program and digital capabilities to fuel future growth, executives shared during the company's third quarter 2023 earnings call this morning.

Financial results

Nestlé reports double-digit sales growth in confectionery brands

19-Oct-2023 By Anthony Myers

In a market statement relating to its nine-month sales for 2023, Nestlé said growth was broad-based across most geographies and categories.

PepsiCo raises 2023 full-year earnings outlook on Q3 performance, Gatorade loses market share to PRIME

10-Oct-2023 By Ryan Daily

PepsiCo released its 2023 third quarter fiscal year report and beat Wall Street estimates, citing increased demand for smaller-sized snacks and healthier options, as the company faces challenges from PRIME in the sports drink category and anticipates...

Financial results

Nestlé improves organic sales outlook after strong first-half results

27-Jul-2023 By Anthony Myers

Nestlé has reported better-than-expected first-half organic sales in its half-year results for 2023 and said it improved its full-year organic sales outlook after raising prices to cope with higher production costs.

Monster reviewing more price increases, looks to expand in wellness space

02-Mar-2023 By Ryan Daily

Monster Beverage Crop. could raise prices again in the coming fiscal year as it looks to expand into several product categories and address rising costs for manufacturing and distribution, company Chairman and Co-CEO Rodney C. Sacks shared during a webinar...

Kraft Heinz is ready to move beyond ‘good’ to ‘great,’ which ‘is a very different game’

16-Sep-2022 By Elizabeth Crawford

After previous plans to boost Kraft Heinz’s profit margins and add value by aggressively cutting costs and practicing zero-based budgeting went awry and caused the company’s stock and consumer trust to plummet, Miguel Patricio was focused on the basics...

Hershey warns of trouble ahead in meeting Halloween treats

29-Jul-2022 By Anthony Myers

US chocolate giant Hershey has warned of a candy shortage over the crucial Halloween holiday period as it struggles to ramp up supply.

Financial results

Lindt suspends its operations in Russia, remains confident on growth

10-Mar-2022 By Anthony Myers

Swiss confectionery brand Lindt & Sprüngli has announced it is closing its retail outlets and suspending deliveries to Russia following the country’s invasion of Ukraine.

Financial results

Plant-based products help Nestlé with key growth as company commits to ‘business as a force for good’

17-Feb-2022 By Anthony Myers

The announcement was made in a press conference webcast by Nestlé CEO Mark Schneider, as the company reported strong annual growth in 2021, in its full-year results.

Financial results

Early Halloween impact raises Hershey’s annual net sales

29-Oct-2021 By Anthony Myers

The confectionery industry received a boost as it heads into the important Halloween weekend when the Hershey Co raised its annual net sales and adjusted earnings forecast.

Financial results

Hershey 4Q results surpass market expectations with 2021 profit forecast

04-Feb-2021 By Anthony Myers

The Hershey Company announced net sales and earnings for the fourth quarter and full year ended December 31, 2020.

GNC in danger of being delisted from stock exchange as debt payment looms

29-Apr-2020 By Hank Schultz

GNC announced yesterday that is has received a notice from the New York Stock Exchange that is out of compliance with listing requirements because its stock price has been below $1 a share for more than 30 days.

Financial results

Hershey withdraws its 2020 financial outlook due to coronavirus uncertainty

24-Apr-2020 By Anthony Myers

Hershey Co has announced it has withdrawn its full year financial outlook for fiscal year 2020 and has warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.