General Mills net sales increased 7% to $4.7bn for Q2 2021 as the company continued to benefit from elevated at-home demand for its core brands within its meals & baking and cereal segments, which grew net sales by 9% for the quarter.
J.M. Smucker Co. has entered into a definitive agreement to sell its Natural Balance premium pet food business to Nexus Capital Management in a cash transaction valued at approximately $50m.
KeHE, distributor of natural, fresh, specialty, and organic foods products, predicts personal and environmental wellness to be top of mind for consumers next year.