Consumer Goods

Colgate-Palmolive Bumps Up Annual Sales, Profit Forecasts On Strong Pricing

Colgate-Palmolive raised annual organic sales and profit forecasts, banking on price hikes and resilient demand for its self-care and pet nutrition product...

P&G Beats Quarterly Results On Steady Demand, Higher Pricing

Procter & Gamble beat analysts' estimates for quarterly sales and profit, due to multiple price hikes and resilient demand for its cleaning products, p...

Nestlé Says Price Rises Will Moderate In Rest Of 2023

Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturer...

Kimberly-Clark Lifts Annual Forecasts On Price Hikes, Steady Demand

Kimberly-Clark Corp raised its full-year sales and profit forecasts, as the maker of Kleenex tissues and KleenGuard benefits from price increases and resil...

UK Food Price Inflation To Be 9% In December: IGD

Food price inflation in Britain will decline through the balance of 2023 but will still be about 9% in December, a prominent grocery industry researcher ha...

Investors Target Consumer Goods Makers On Fears Of Customer Exodus Over High Prices

Top US and European investors are flagging their concerns about high prices to consumer goods companies, with Janus Henderson going so far as to cut some s...

SPAR Spain Partner Valvi Supermercats Opens New Stores

SPAR Spain partner for the Girona region Valvi Supermercats opened a new supermarket in Peralada in April of this year.

Nestlé Ramps Up Nigeria Raw Material Sourcing As Forex Squeeze Bites

Food giant Nestlé's businesses in Nigeria and other African countries are ramping up sourcing of local raw materials like starch and turmeric, a mov...