Positive full-year results mask Kraft Heinz’s fourth-quarter challenges 02.17.2022 By Keith Nunes Divestment of some cheese assets led to a $1.3 billion impairment charge against the Kraft brand.Read More
Service issues hinder TreeHouse Foods’ performance 02.15.2022 By Keith Nunes Almost half of the company’s 29 product categories are on allocation.Read More
Innovation propels strength at Frito-Lay North America 02.14.2022 By Eric Schroeder Quaker Foods’ unit’s profit suffers from supply chain disruptions.Read More
More divestments at IFF may come in 2022 02.14.2022 By Jeff Gelski Pricing actions to offset input costs will continue.Read More
Flowers expects strong top-line growth in 2022 02.11.2022 By Josh Sosland Management hopeful after ‘year of unique challenges.’Read More
Kellogg strike hangover to persist in 2022 02.10.2022 By Josh Sosland Company still managed to meet full-year guidance in 2021.Read More
Bunge embraces new direction as fiscal profit climbs 02.10.2022 By Eric Schroeder CEO says transformation plan has company on solid footing.Read More
Yum! invests in digital orders to overcome omicron 02.10.2022 By Jeff Gelski Same-store sales increase 10% in the fiscal year.Read More
Chocolate & Confectionery Fats business bounces back for AAK 02.08.2022 By Jeff Gelski Operating profit and net sales increase double-digits in the fiscal year.Read More
Post sustains quarterly loss despite strong sales 02.08.2022 By Eric Schroeder Company faced unmet customer demand resulting from shortages in labor.Read More