A-Brands

Kraft Heinz Misses Sales Estimates In First Quarter

Kraft Heinz missed Wall Street expectations for first-quarter sales as inflation-weary consumers pushed back on higher prices of its branded lunch combos,...

Starbucks Cuts Annual Sales Forecast As Demand Cools In US, China

Starbucks cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years.

Mondelēz International Beats Quarterly Sales, Profit Estimates On Higher Prices

Mondelēz International beat market expectations for first-quarter sales and profit, helped by steady demand for its pricey products.

Coca-Cola Raises Annual Sales Forecast On Global Demand, Higher Prices

Coca-Cola raised its annual organic sales forecast after beating first-quarter revenue and profit expectations as customers shell out more money for the co...

Sensodyne-Maker Haleon To Shut UK Manufacturing Site, With More Than 400 Jobs Hit

Consumer healthcare company Haleon is planning to shut down its manufacturing site in Britain by 2026, which will impact 435 jobs, a spokesperson told Reut...

Norway's Wealth Fund Backs Bid For PepsiCo Biodiversity Risk Assessment

Norway's sovereign wealth fund plans to back a shareholder proposal demanding PepsiCo conduct a biodiversity risk assessment.

Haleon Posts Tepid Q1 Sales As Demand For Some Products Cool Off

Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates as volumes declined.

Glanbia Reiterates Full-Year Guidance After Q1 Volume Growth

Nutrition firm Glanbia has reiterated its full-year guidance following a first quarter in which volume growth was up 1.5%, offset by a pricing decline of 6...