WhiteWave Foods has booked a drop in third-quarter earnings as an increase in expenses hit earnings. In the three months to the end of September, WhiteWave, which was spun off from Dean Foods last year, posted a profit of US$26.3m, down ...
Tags: plant-based foods, beverages, coffee creamers, Silk Soymilk
American food and beverage company PepsiCo reported that its net income for the third quarter 2012 fell 5% to $1.9bn, compared to $2bn during the previous year, due to increased spending on advertising, higher commodity costs and negative ...
Tags: net income, commodity costs, foreign-exchange, revenue
Philippine snack food and beverage company Universal Robina(URC)is set to take complete control of its overseas business division URC International(URCI)by purchasing 23%stake held by investment firm International Horizons Investments for ...
Tags: stake, international operations, acquisition, accretive
PepsiCo has opened a new food manufacturing facility in Wuhan,China,as a part of a plan to drive the growth of its business in the country and further expand into central and western China. The Wuhan plant is the company's first food ...
Tags: expand, LEED, bottling plants