Food majors report Q2 and H1 results
What the analysts say: Nestle H1 cheers market
Shares in Nestle closed up today (7 August) after the world's largest food maker reported underlying sales that beat analyst…
US: WhiteWave lifts earnings forecast, shares jump
Horizon Organic and Alpro owner WhiteWave Foods saw its shares rise today (7 August) after the US group raised its…
SWITZ: Nestle shares rise after Q2 sales beat expectations
Shares in Nestle climbed this morning (7 August) despite lower half-year profits after the company's second-quarter sales beat analyst expectations…
On the money: Mondelez faces trade resistance to price increases
Mondelez International lowered its sales outlook this morning (6 August) after the snack maker saw its top line come under…
On the money: Kellogg still struggling with cereal
Breakfast is still proving to be a challenge for Kellogg, which cut its forecasts for annual sales and earnings after…
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On the money: Pricing, promos pinch Kraft results
Kraft Foods Group's moves to up prices on certain products - and a step-up in its promotional activity in other…
US: Kellogg lowers sales, earnings forecasts
Kellogg has slashed its full year earnings forecast after it reported lower sales and net profit for the second quarter…
US: Kraft shares drop after Q2 misses Wall St forecast
Shares in Kraft Foods Group fell in after-hours trading in New York despite the US food company posting higher underlying…
On the money: Unilever NPD shifting food into category growth spots
Unilever hopes to rejuvenate its lacklustre food sales in developed markets by using innovation to move its brands into the…
On the money: Hershey CEO: NPD pipeline will offset pricing volume drag
Hershey has expressed confidence its planned innovation pipeline will deliver growth in the longer term, even if its latest price…