Corporate Operations: Page 232
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Natural Grocers earnings come in well below estimates
The Colorado-based retailer reported earnings per share of 3 cents, well below the 12 cents estimated by Wall Street.
By Jeff Wells • Aug. 4, 2017 -
B&G Foods curtails profit outlook as industry struggles hit company
The manufacturer of Cream of Wheat, Ortega and Pirate's Booty said net income fell 27.1% during the second quarter despite a 20% jump in sales.
By Christopher Doering • Aug. 4, 2017 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Kraft Heinz soars on cost savings, but sees sales slump
The company's U.S. operations were impacted by a loss of distribution, higher commodity prices in cheese and meats and lower foodservice shipments.
By Megan Poinski • Aug. 4, 2017 -
Kellogg's profits helped by cost-cutting as core business struggles
The maker of Froot Loops, Eggo and Kashi said fewer products were purchased in the United States due to weaker performance in retail stores.
By Megan Poinski • Aug. 3, 2017 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse to close 2 plants and lay off workers as part of cost-cutting program
The nation's largest private-label manufacturer also posted a 1.2% drop in sales during Q2 as the company's CEO said the firm faced "adverse market conditions."
By Christopher Doering • Aug. 3, 2017 -
Cardenas sees dramatic growth in its future
The newly formed company hopes to become the largest Hispanic grocer and retailer in America, according to CEO John Gomez.
By Jeff Wells • Aug. 3, 2017 -
Deep Dive
Controversial soda taxes foster divide among beverage industry and city officials
Philadelphia and San Francisco are among the cities targeting the popular beverage, infuriating makers of the drink who say they are being unfairly targeted.
By Keith Loria • Aug. 3, 2017 -
Sprouts raises guidance as retailer avoids pitfalls ailing competitors
The natural and organic grocer posted net sales of $1.2 billion and a comp-store increase of 1.4% for the second quarter — figures that topped Wall Street expectations.
By Jeff Wells • Aug. 3, 2017 -
Weis Markets reports comp-store sales and earnings increase
The regional retailer saw its net income rise 21% during the second quarter through cost cutting, promotions and strong business in its pharmacy and deli foodservice departments.
By Jeff Wells • Aug. 3, 2017 -
Pilgrim's Pride earnings take flight in the 2nd quarter
Profit at the poultry producer surged 53% to $233.6 million while sales rose 11% to $2.25 billion from the year-ago period.
By Emma Liem Beckett • Aug. 3, 2017 -
Aldi aligns with Nielsen to gain more shopper and advertising data
The multi-year partnership underscores the importance of business intelligence, consumer insights and analytics in today’s competitive retail climate.
By Sandy Skrovan • Aug. 3, 2017 -
As TerraVia files for bankruptcy, Corbion bids $20M for takeover
The algae ingredients company may be moving too far beyond consumer trends, contributing to its problems.
By Sandy Skrovan • Aug. 2, 2017 -
As consumers abandon soda, SodaStream sees revenue grow
The countertop sparkling beverage machine maker saw an earnings increase of 9.6% and a net income jump of 84% compared to a year ago.
By Megan Poinski • Aug. 2, 2017 -
Southeastern Grocers replaces more Winn-Dixie stores with Harveys
Seven newly reformatted discount stores opened in Florida this week, which may spell trouble for the grocer.
By Erika Kincaid • Aug. 2, 2017 -
Mondelez beats Q2 earnings expectations, but revenue slips
The CPG giant reported revenue of $5.99 million, despite a June malware attack that shrunk organic revenue by 2%.
By Emma Liem Beckett • Aug. 2, 2017 -
Deep Dive
A new 'added value': How yogurt leader Dannon won its Non-GMO Project label
After more than a year of working to secure ingredients, the manufacturer is starting to ship verified Danimals and other products to stores nationwide.
By Megan Poinski • Aug. 2, 2017 -
Can super-sustainable farm fresh foods survive the Amazon-Whole Foods deal?
Efficiencies and price reductions following the merger could threaten the relationships some specialty producers have with the grocer.
By Sandy Skrovan • Aug. 2, 2017 -
Publix's profit surges but industry challenges weigh on its slumping stock price
The privately held firm posted earnings of $495 million and total sales of $8.4 billion in what the grocer's CEO called "a tough quarter for supermarket companies."
By Jeff Wells • Aug. 2, 2017 -
Mondelez CEO Irene Rosenfeld to step down and be replaced by company outsider
The longtime CEO will leave the position in November when she will be replaced by Dirk Van de Put, president and CEO of Canada-based McCain Foods.
By Emma Liem Beckett • Aug. 2, 2017 -
Molson Coors earnings lag as craft breweries hurt sales
The world's third-largest beer maker said U.S. domestic sales-to-retailers volume dropped 1.9% from a year ago, driven by lower production in the premium light and below-premium categories.
By Christopher Doering • Aug. 2, 2017 -
Walmart makes changes to its food leadership team
The retailer is shuffling employees within its produce, bakery and deli departments to better equip it for growth in the months and years ahead, according to a company memo obtained by Reuters.
By Jeff Wells • Aug. 1, 2017 -
Favorite snacks vary nationwide — but aren't always healthy
A study from General Mills and Box Tops for Education showed mothers prefer packing fruits and vegetables in their children's lunches, but may reach more for salty items in the summer.
By Caitlin Mannering • Aug. 1, 2017 -
Halo Top ascends to become #1 selling pint of ice cream in the US
The frozen dairy product, which launched in 2012, has beat out other established brands such as Unilever's Ben & Jerry’s and Breyers by embracing unconventional means.
By Erika Kincaid • Aug. 1, 2017 -
Whole Foods' prices have barely budged in 2 years, publication finds
Despite the retailer’s promise to slash how much it charges consumers, Business Insider found a basket of items today is just 1% cheaper than 2015.
By Jeff Wells • Aug. 1, 2017 -
Ahold turns to technology to find the right price
With 81% of consumers saying they shop around, retailers are taking steps to make sure the goods they sell are more attractive to the public.
By Sandy Skrovan • Aug. 1, 2017
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