Yum! Brands sees significant headwinds in Middle East business 08.07.2024 By Josh Sosland The company CEO said the QSR saw robust increases in digital sales.Read More
Chicken, prepared foods help sustain Tyson during Q3 08.06.2024 By Keith Nunes Beef segment struggles as US cattle herd continues to contract.Read More
Kraft Heinz cites worse-than-anticipated consumer environment for Q2 struggles 08.02.2024 By Rachael Oatman The company is taking steps to reinvigorate its Lunchables business.Read More
Pilgrim’s Q2 profits more than quintuple last year’s levels 08.02.2024 By Rachael Oatman The company reported a net income of $326.5 million.Read More
McDonald’s sales take a hit from budget-conscious consumers 07.31.2024 By Cathy Siegner CEO doubles down on the company’s ‘Accelerating the Arches’ playbook.Read More
Nestle adjusts 2024 outlook amid challenging consumer environment 07.30.2024 By Russell Redman CEO points to more promotions and innovation as consumers tighten budgets.Read More
Foodservice sector faces continued challenges 07.23.2024 By Keith Nunes Headwinds include inflation, consumers with less disposable income and rising labor costs.Read More
Domino’s strategy boosts sales, profitability 07.22.2024 By Cathy Siegner Stock still slumps after pizza giant cuts forecast for global store openings.Read More
Conagra focused on frozen foods following fiscal 2024 setbacks 07.15.2024 By Cathy Siegner Net sales of flat to negative 1.5% predicted for fiscal 2025.Read More
National Beef Checkoff contributes $3.3 billion to beef industry in 2023 07.12.2024 By Rachael Oatman A recent study analyzed the effectiveness and financial benefits of the program’s activities.Read More