After seven consecutive quarters of revenue declines, Beyond Meat executives say they hope to turn the corner in 2024 with new product innovations, SKU rationalization, and price increases, but the company's fourth quarter and full-year results show...
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
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.
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...
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 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...
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...
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.
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.
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.
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.
Hershey Co has announced it has withdrawn its full year financial outlook for fiscal year 2020 and has warned of weak sales in certain categories as households worried about their financial futures cut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.