Corporate Operations: Page 165


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    Danone
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    From plants to traditional dairy, Danone exec touts 'big runway' for growth

    Mariano Lozano, CEO of the company's North American division, said its product offerings enable it to "navigate some challenging times," but at least one analyst says this strategy is not without risk.

    By Nov. 1, 2018
  • Despite a boost from RXBAR, Kellogg says operating profit will be flat this year

    New on-the-go snack packages and higher shipping costs led to a 2.6% decrease in adjusted operating profit during the quarter for the Michigan manufacturer best known for its cereals.

    By Jessi Devenyns • Oct. 31, 2018
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    Courtesy of Instacart
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    Trendline

    Top 5 stories from Food Dive

    The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future. 

    By Food Dive staff
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    Retrieved from PepsiCo on October 31, 2018
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    PepsiCo fights for protein with Health Warrior acquisition

    The maker of plant-based bars and mixes will be the first company in the snack and soda giant's new accelerator program, The Hive.

    By Oct. 31, 2018
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    Christopher Doering
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    Molson Coors revenues are up, but faces challenges plaguing the US beer market

    As brand volume in the United States fell 3.3%, CEO Mark Hunter said the brewer is committed to improving the performance of Coors Light and accelerating the "premiumization of the portfolio."

    By Oct. 31, 2018
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    Green Giant
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    B&G misses Q3 expectations, but gets a boost from Green Giant

    The company is still adjusting to its $420 million sale of Pirate Brands to Hershey this month and had to change its sales expectations for the year.

    By Lillianna Byington • Oct. 31, 2018
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    John Hazard and Lisa Burdige
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    Column

    Comic Dive: Night of the Living Brand

    It's scary for brands as consumer preferences and technology evolve. Some may make it out alive but others will live on only in memory.

    By John Hazard and Lisa Burdige • Oct. 30, 2018
  • Clear Labs closes $21M funding round to advance food safety solutions

    The company plans to use the money to expand features and increase commercialization of its testing platform, which uses targeted next-generation sequencing to find and track pathogens.

    By Cathy Siegner • Oct. 30, 2018
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    Late July
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    Deep Dive

    How M&A brings new products and fresh insight to Big Food

    From knowledge about plant-based foods to sourcing organic crops, buyers are looking for more than cost savings when they make a purchase — but those benefits can sometimes be hard to find. 

    By Oct. 30, 2018
  • Q&A

    Mars Wrigley's chief Halloween officer answers our burning candy marketing questions

    In an emailed conversation, Victor Mehren — COO by day — explains the unique challenges and opportunities for the company behind iconic treats like M&M's, Snickers and Skittles.

    By Peter Adams • Oct. 30, 2018
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    Mondelez
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    Mondelez looks at raising prices and snack innovation as sales continue to slow

    The maker of Oreos and Wheat Thins​ said net revenue fell 3.7% to $6.29 billion in Q3, missing analyst expectations.

    By Lillianna Byington • Oct. 30, 2018
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    Christopher Doering
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    Coca-Cola income surges amid strong demand for soda

    During the third quarter, the Atlanta beverage giant said sales of sparkling soft drinks rose 2%; water, enhanced water and sports drinks grew 5%; while tea and coffee declined 2%.

    By Oct. 30, 2018
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    blue apron
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    Blue Apron to sell meal kits on Walmart's Jet.com

    The struggling provider will offer four choices to customers in New York City and neighboring northern New Jersey starting at $16.99 beginning today.

    By Oct. 29, 2018
  • Hain Celestial names former Pinnacle exec as CEO

    Will Mark Schiller, who takes the helm of the natural and organic CPG company from founder Irwin Simon next month, be angling for improvement or an eventual sale?

    By Oct. 29, 2018
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    Megan Poinski
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    Food and beverage manufacturers latch on to popularity of ethnic flavors

    What was once a niche market has become a sought-after segment that is driving flavor innovation in the ready-to-eat meal and snack categories.

    By Jessi Devenyns • Oct. 29, 2018
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    Halloween at Hershey: A trick or a treat?

    Walking into a chocolate factory a week before Halloween offers an interesting window into what a well-planned peak season should feel like. 

    By Emma Cosgrove • Oct. 26, 2018
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    Boston Beer
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    Boston Beer Q3 revenue up 24% with growth in its non-beer portfolio

    Truly Spiked & Sparkling, Twisted Tea and Angry Orchard brands continue to be bright spots in its earnings, and offset decreases from Samuel Adams. 

    By Lillianna Byington • Oct. 26, 2018
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    Spinato's
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    Column

    Leftovers: Pizza goes green, milk gets smart

    Because where cauliflower goes, broccoli must follow? And a reminder: 57 days until Christmas.

    By Food Dive staff • Oct. 26, 2018
  • Danone pledges to triple global plant-based sales by 2025

    Chairman and CEO Emmanuel Faber said during a recent investor seminar the French food giant will emphasize core beverages and yogurt categories and look for potential in additional dairy and plant-based businesses.

    By Cathy Siegner • Oct. 25, 2018
  • AB InBev halves dividend as beer sales slide in US market

    The world's largest brewer, which merged with SABMiller in 2016, said it would "consider suitable opportunities (in M&A) when and if they arise."

    By Oct. 25, 2018
  • Big M&A deals dominate in 'otherwise underwhelming quarter,' report says

    The new report from PricewaterhouseCoopers shows food and beverage accounted for nearly half of the largest U.S. transactions during the third quarter — the most active sector in the period.

    By Lillianna Byington • Oct. 25, 2018
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    Hershey
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    Hershey sales rose 2.3% even as higher costs weigh on margins

    The company remains confident that upcoming holiday sales and its recent acquisition of Pirate Brands for $420 million will boost earnings for the year.

    By Jessi Devenyns • Oct. 25, 2018
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    Flickr
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    Nestlé USA chief hints more price increases may be on the horizon

    CEO Steve Presley said after responding too slowly to consumer trends and falling behind upstarts, large food companies like his have done a better job making their brands more relevant.

    By Oct. 25, 2018
  • Conagra to pause on big M&A as company digests Pinnacle deal

    The purchase, which was approved by shareholders on Tuesday, will create a company with $11 billion in sales and bring frozen brands such as Healthy Choice and Birds Eye under one roof. 

    By Oct. 24, 2018
  • Bantam Bagels bought for $34M cash by Lancaster Colony

    The frozen breakfast item maker, which rose to prominence with an appearance on "Shark Tank," does about $20 million in annual sales in grocery stores and Starbucks.

    By Cathy Siegner • Oct. 24, 2018
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    Retrieved from Nestle on April 20, 2016
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    Nestlé investor survey suggests restlessness extends beyond activist Third Point

    Almost two-thirds said they would vote against the company's chairman, and 80% want it to be more active in getting rid of some business units.

    By Cathy Siegner • Oct. 24, 2018