Consumer trend of trading down affects, benefits McDonald’s 07.28.2022 By Keith Nunes Price increases improve comparable sales as consumer traffic in the United States is flat.Read More
Inflation disrupts Walmart’s profit outlook 07.27.2022 By Keith Nunes Operating income forecast to fall 11% to 13% during fiscal year 2023.Read More
FreshRealm raises $200 million 07.22.2022 By Keith Nunes Some of the funding will be used to expand into the club and convenience channels.Read More
Plant-based meat maker raises $150 million 07.22.2022 By Sam Danley Meati joins Chipotle’s first investment cohort.Read More
Bonchon outperforms fried chicken industry average 07.21.2022 By Bob Sims The US-based Korean-style fried chicken brand hits 24.7% AUV growth.Read More
Higher-than-expected cost of goods pressures Conagra Brands 07.18.2022 By Keith Nunes Organic volume fell 3.8% during fiscal 2022.Read More
Italian charcuterie brand earns accolades in the US 06.27.2022 By Rachael Oatman Veroni hopes to expand its presence in the United States with promotions in food magazines, radio advertising and sporting event sponsorships.Read More
Kellogg breakup plan draws mixed reviews 06.24.2022 By Jeff Gelski The company’s board of directors recently approved a plan to break the company into three independent businesses.Read More
Campbell Soup Co. helped by centered portfolio 06.17.2022 By Eric Schroeder The company said strategies put in play pre-pandemic are paying dividends.Read More
Campbell Soup expands product lines 06.10.2022 By Jeff Gelski Earnings jump 18% as supply chain issues ease.Read More