Confectionery, Snacks: Latest news and analysis articles
Hershey's first-quarter results contained a triple whammy yesterday (26 April) as the confectioner reported falling sales and earnings, cuts...
Weak consumer sentiment in some emerging economies and growing demand for value from consumers in developed markets weighed heavy on Unileve...
Nestle's shares rose today (14 April) after the world's largest food company reported underlying first-quarter sales that beat analyst expec...
Three weeks after Premier Foods revealed McCormick & Co.'s interest in buying the UK group, its US suitor has, after seeing three proposed o...
US organic vegetarian food group Amy's Kitchen believes it has significant opportunities to ramp up sales. However, the company must balance its growth aspirations against the need to maintain the quality and values it says have been key to its success. Katy Askew spoke to VP of marketing at Amy's Kitchen, Bridget Dwyer, to find out more.
When Mondelez International swooped for free-from food maker Enjoy Life Foods last year, the snack food giant said it was gaining access to the "fast-growth" free-from food sector via a "market-leading brand". One year on and Mondelez's resources have opened up a number of growth avenues for Enjoy Life. Joel Warady, Enjoy Life's chief sales and marketing officer, speaks to just-food about how the business is looking to capitalise on its growing potential.
Grupo Bimbo has launched mini snack bars for children under its Entenmann's brand in the US.
Mondelez International announced a European sale, this time of its biscuit brands, Domino, Jaffa and Fanipala to Fazer. The firm also had its first quarter numbers out this week as did Hershey who, alongside their results, announced the acquisition of BarkThins owner, Ripple Brand Collective. In the movers and shakers news this week, Murray Goulburn MD Gary Helou and CFO Brad Hingle announced their departures and Mondelez exec Mark Clouse joined Pinnacle Foods as CEO.
This week Mondelez International and Hershey both reported first quarter results. Nestle announced its ice cream joint venture with R&R Ice Cream and Murray Goulburn CEO MD Gary Helou stepped down from his position as the company once again lowered its guidance for full year earnings.
US nut group John B. Sanfilippo has said that it is pulling back on plans to grow sales of branded consumer snacks in export markets such as China after export sales failed to meet expectations.
Pinnacle Foods, the US group behind brands including Duncan Hines and Gardein, has named Mondelez International executive Mark Clouse as its new CEO.
Mondelez International reported lower first-quarter operating earnings today (27 April) as a drop in net sales offset stronger margins and underlying sales growth.
The conference calls companies hold with equity analysts can, on occasion, be relatively tame affairs, with businesses sometimes not pushed on issues and us in the media - allowed to listen only - sitting on the phone and wanting executives to be pressed on their initial answers. Yesterday (29 March), some stiff questions were put to McCormick & Co.'s management over its interest in Premier Foods.
just-food is closed tomorrow and on Monday for the Easter holidays but there's plenty of key news and insight from this week for you to digest.
- Rise of prepared foods in US grocers - analysis
- Hershey results, outlook, M&A - the top takeaways
- Work on sugar could stir more clean-label concerns
- How are brands organising for e-commerce?
- Are consumers getting tired of consuming?
- Fazer buys European biscuit brands from Mondelez
- Nestle, R&R Ice Cream finalise joint venture plans
- Mondelez sees stronger margins, LFL growth
- Pinnacle Foods names Mondelez's Mark Clouse CEO
- ConAgra sells two bakeries to Alpha Baking