US: Procter & Gamble sees Q3 snacks volumes rise
Snacks volumes at consumer goods giant Procter & Gamble have risen during the company's third quarter, the company said today (1 May).
P&G, which owns the Pringles crisps brand, said its snacks volumes rose 2% during the three months to the end of March, thanks to initiatives around its Pringles Select and Minis offerings.
While P&G did not strip out revenue from its snack business, it said turnover from its snacks, coffee and pet care business were in-line with the year before at US$1.1bn.
On a group basis, net sales rose 8% to $18.7bn, P&G said. Net earnings grew 14% during the quarter to $2.5bn.
Procter & Gamble has remained tight-lipped on reports in the US that it is looking to sell the Pringles snacks brand....
US consumer goods group Procter & Gamble today (18 September) moved to confirm its sales and earnings guidance for the first quarter of its financial year....
Consumer goods giant Procter & Gamble said snacks volumes were flat over the last 12 months as group sales and earnings rose....
Procter & Gamble has named an executive from management consultants McKinsey & Co. to the company's board....
Walkers crisps is the UK's most popular snack brand, according to research into the UK snack food market....
US consumer goods giant Procter and Gamble yesterday (14 May) revealed plans to realign its businesses into three divisions, shuffling key roles in its upper management....
Food and consumer goods group Procter & Gamble has reported an 8% rise in net sales to US$19.73bn for the second quarter, with earnings per share increasing by 17% to $0.84, ahead of analysts' average...
Multinational manufacturer The Procter & Gamble Company has announced first quarter net sales growth of 27% to $18.79bn and an organic sales increase of 6%, which was at the top end of the company's l...
- Danone's Q1: four things to learn
- Interview: Sir Kensington's on sale to Unilever
- Column: Why snacking is the new meal
- Interview: "Disruptive" snack brand Hippeas
- Nestle Q1 update: four things to learn
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre
- TreeHouse Foods sells soup, baby food units