PepsiCo booked a 5% drop in third-quarter earnings today (17 October) as it increased its spending behind flagship brands. The company said earnings totalled US$1.9bn, or $1.21 per share, in the three months to 8 September, down from ...
Tags: PepsiCo, earnings, operating profit
Kraft Foods Group booked a 13% rise in earnings during the third-quarter, as the group benefited from its "leaner" post-spin structure and spent more on advertising. Reporting its first set of results following its spin-off from global ...
Tags: Q3 earnings, Net revenue, Q4 sales
UK retailer Sainsbury's has launched a range of fruit-based snacks and smoothies for children. The retailer has launched mini packs of Raisins & Juicy Blueberries and bite sized Apricots, in addition to Fairtrade Strawberry or Lemon ...
Tags: kids snacks, kids smoothies, fruit snacks, frui smoothies
PepsiCo has renamed its Quaker Quakes snack line, which is now called Quaker Popped. The company said that the product is a "wholesome" lowr-fat snack solution, containing 10-13 grams of wholegrain per serving. The new name "better ...
Tags: PepsiCo, snack line, snack, snack solution
Featured reports from the just-food research store include bread manufacturing in China, global dairy growth opportunities, and tortilla production in the US. BAKERY Bread & Bakery Product Manufacturing in China This report covers ...
Tags: bread manufacturing, China, dairy growth, tortilla production
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Nick Bunker, the head of Kraft Foods' businesses in the UK and Ireland, is to become CEO of United Biscuits recently-separated snacks unit. United Biscuits said today (6 August) Bunker would become chief executive of KP Snacks on 1 ...
Tags: Nick Bunker, snacks unit, Kraft Foods, United Biscuits
Mars Inc has added to is confectionery stable in the UK with the launch of a Mars Caramel bar. The product, which, according to Mars has already had success in the US, Canada and Australia, will be available from 10 September as a limited ...
Tags: Mars Inc, food product, food industry, company news
If you asked for three words to sum up Britain in the 21st century, a pessimist might come up with 'lonely', 'busy' and 'aging'. Government figures indicate the number of single-person households is increasing by more than 160,000 a year, ...
Tags: popular format, single-serve, snacking trend
Kraft Foods is to list on the NASDAQ later this month, citing cost as a factor in its decision to move from the New York Stock Exchange. Shares in Kraft will start trading on the NASDAQ from 26 June, the company said today (8 June). Its ...
Tags: Kraft Foods, NASDAQ, Nyse
Global snacks group Mondelez International has revealed an R&D site in New Jersey is still closed in the wake of the super storm Hurricane Sandy that swept across the eastern parts of the US this week. Food manufacturers that shut ...
Tags: snacks group, snacks, Food manufacturers, Storm
Mars Inc has expanded its Combo snacks stable in the US with the launch of a 7 Layer tortilla chip. The Combos Baked Snacks 7 Layer Dip Tortilla is made with Cheddar cheese, sour cream, avocado, tomato, refried beans, onion and ...
Tags: Mars Inc, combo snacks, tortilla chip, baked snake, food industry
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
Kraft Foods has appointed a replacement for Nick Bunker as head of its operations in the UK and Ireland. Maurizio Brusadelli, a company veteran, will replace Bunker, who is to become CEO of KP Snacks, United Biscuits' recently-separated ...
Tags: European organisation, KP Snacks, operations
US snacks and smoothie manufacturer Inventure Foods has booked an increase in first-half profits. In the six months to the end of June, net profits soared 47% to US$3.3m, the company reported today (2 August). Inventure attributed the ...