Snyder's-Lance - food industry company news 
Quote, unquote: just-food's week in words
13 May 2013
The quarterly results continued to roll in this week and we listened to a number of CEOs talk about the challenges and opportunities they face in 2013. Elsewhere, just-food covered Hofex, the largest food and hospitality tradeshow in Asia-Pacific, where we spoke with UK SMEs about their international ambitions. Retailer Delhaize Group has also begun the search for a new CEO following the resignation of Pierre-Olivier Beckers.
On the money: Snyder's-Lance drives core brands
8 May 2013
US snack group Snyder's-Lance intends to drive continued top line growth in its key brands and will ramp up investments in marketing and product development in the coming months.
US: Snyder's-Lance Q1 profit up, reaffirms guidance
7 May 2013
US snack manufacturer Snyder's-Lance has booked an increase in first-quarter earnings and reiterated its full-year outlook.
US: Snyder's-Lance launches sandwich cracker NPD
17 April 2013
Snack maker Snyder's-Lance is expanding its line-up of peanut butter filled sandwich crackers this month.
US: Snyder's-Lance to shutter Ontario plant
26 February 2013
US snack manufacturer Snyder's-Lance is to close its bakery facility in Ontario as part of a company-wide review.
US: Snyder's-Lance 2013 outlook below Wall St estimates
13 February 2013
US snack manufacturer Snyder's-Lance has set 2013 forecasts below Wall Street consensus, hitting the company's shares.
US: Snyder's-Lance CEO Singer to retire
14 January 2013
Snack maker Snyder's-Lance has announced that CEO David Singer will retire following the company's AGM, scheduled for 3 May.
In the spotlight - Arca takes bigger bite of snacks market with double-deal
4 January 2013
Arca Continental's decision to acquire US-based Wise Foods and Ecuadorian snacks firm Inalecsa could come as a surprise, given that the Coca-Cola bottler's interests are primarily in the beverage sector. However, Michelle Russell suggests, the Mexican firm is likely to use the acquisitions to take its Mexican brands into new markets while also leveraging the capabilities of Wise and Inalecsa to boost its Mexican snacks presence.
US: Snyder's-Lance "in talks to sell own-label unit"
16 November 2012
US snack firm Snyder's-Lance is reported to be in negotiations to offload its own-label snacks business Vista.
US: Snyder's-Lance Q3 profits climb, ups FY forecast
8 November 2012
US snacks firm Snyder's-Lance has booked an increase in third-quarter profit and upped its full-year earnings forecast, despite sliding sales.
Editor's choice: the highlights on just-food last week
10 September 2012
Ahead of its split in two next month, Kraft Foods this week outlined its plans for snacks arm Mondelez International. Hershey will be a rival of the new company and it made the headlines with its deal to take full control of its venture in India. In the retail sector, Morrisons posted better first-half results than some had expected and Ahold announced plans to review its stake in Nordic retailer ICA.
US: Snyder's-Lance hails Snack Factory cash, brand power
7 September 2012
US snack group Snyder's-Lance has said its acquisition of Snack Factory for US$340m will significantly boost sales, cash flow and profit margins.
US: Snyder's-Lance buys cracker firm Snack Factory
6 September 2012
Snyder's-Lance has agreed to buy US cracker firm Snack Factory for US$340m from private-equity firm VMG Partners.
Quote, unquote: just-food's week in words
13 August 2012
The Q2 and H1 results kept flooding in last week as Nestle explained how innovation will be key to developed market growth in the near future, and Ralcorp spoke of its challenges with commodity prices. Elsewhere, the UK's public health minister, Anne Milton, has launched a staunch defence of the Government's "responsibility deals" with the food and drink industry.
On the money: Snyder's-Lance faces "hill to climb" with private label
8 August 2012
US snacks firm Snyder's-Lance has said there is "a hill to climb" in its private-label business as it faces "ongoing pressures" in the sector.
US: Lower expenses boosts Snyder's-Lance H1 profit
7 August 2012
US snacks firm Snyder's-Lance has reported an increase in first-half profits despite lower sales.
US: Snyder's-Lance grows distribution with O'Byrne purchase
13 June 2012
US snacks firm Snyder's-Lance has acquired the assets of snack food distributor O'Byrne Distributing.
US: Snyder's-Lance raises outlook on branded sales boost
9 May 2012
US snacks firm Snyder's-Lance raised its full-year outlook after it booked an increase in first-quarter net profits on the back of growing branded sales.
US: Snyder's-Lance launches granola sandwich cracker
7 March 2012
US snacks firm Snyder's-Lance has added to its snack portfolio with the introduction of what it claims are the "first-ever" granola sandwich crackers.
US: Snyder's-Lance to construct Pennsylvania R&D facility
22 February 2012
US snacks firm Snyder's-Lance is to build a 60,000sq ft research and development centre in Pennsylvania.
Comment: Pringles buy is bold move from Kellogg
15 February 2012
The acquisition of Pringles is a step-change for Kellogg. However, the US cereals giant faces a formidable competitor in savoury snacks in PepsiCo, which has seven of the world's top ten brands and will be focused on rebounding after a challenging year. And Kellogg also faces tough markets in the US and Europe in its core cereals business.
Best bits: Questions remain over future of PepsiCo, Pringles
13 February 2012
PepsiCo remained under scrutiny last week despite the announcement of plans it believes will "strengthen" the company and improve returns for investors, while the future ownership of global snacks brand Pringles is unclear after prospective buyer Diamond Foods changed its CEO and CFO after improper accounting was uncovered at the company.
US: Snyder's-Lance Q4 profits miss analyst forecasts
10 February 2012
Shares in US snacks firm Snyder's-Lance fell today (10 February) after underlying profits for the fourth quarter of 2011 were below analyst forecasts.
US: Snyder's-Lance to close US facility
11 November 2011
Snacks manufacturer Snyder's-Lance plans to close one of its manufacturing facilities next year.
Best bits: Firms tackle economic gloom
7 November 2011
There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories.
US: Snyder's-Lance profits fall
3 November 2011
US salty snacks manufacturer Snyder's-Lance has posted a drop in profits in its third quarter.
US: Snyder's-Lance sees profits slide in H1
9 August 2011
US snack food manufacturer Snyder's-Lance has booked a decline in first-half profits, but reiterated its full-year guidance.
US: Snyder's-Lance extends Captain's Wafer range
9 August 2011
Snyder's-Lance has revealed plans to extend its Captain's Wafers range with a four cheese variety in the US.
US: Own-label woes prompt Synder's-Lance profit warning
25 July 2011
Snyder's-Lance has admitted its annual profits are set to miss the US snack maker's previous expectations as commodity costs hit margins from the company's own-label products.
US: Snyder's-Lance Q1 sales up following integration
5 May 2011
Enlarged snack food manufacturer Snyder's-Lance said its first full first-quarter post-merger sales were up on the inclusion of Snyder's sales.
