Investments

China's Spending Slump Weighs As Alibaba Misses Estimates

Alibaba Group Holding missed market expectations for first-quarter revenue, as the company's domestic e-commerce sales came under pressure from cautious sp...

Nomad Foods Delivers A 'Strong' Second Quarter, Upholds Full-Year Guidance

Nomad Foods saw revenue growth of 1.1%, to €753 million, with volume growth of 1.6% in the second quarter of its financial year.

Saputo Reports Growth In Revenue, Earnings In First Quarter

Canadian dairy company Saputo has reported a 9.5% year on year increase in revenue, to CAD 4.6 billion (€3.1 billion), in the first quarter of its fin...

Cargill Internal Memo Describes Structural Overhaul To Streamline Company

Cargill will undergo structural changes after missing internal earnings goals, with plans to streamline operations into three units instead of five.

Kraft Heinz Cuts Annual Organic Sales Forecast As Demand Wanes

Kraft Heinz slashed its organic sales forecast for 2024, signalling that higher prices of its snacks and ready-to-eat meal kits would p...

Meat Producer Cranswick Sees Growth In Q1 Revenue Driven By 'Strong Demand'

British meat producer Cranswick has reported higher first-quarter revenue as strong demand for its premium ranges offset lower meat prices in Asi...

Heineken Reports 12.5% Growth In Operating Profit In First Half

Heineken reported a 12.5% rise in half-year operating profit after an anticipated boost from sporting events in June and July did not materialise.

EuroCommerce Calls On European Commission To Delay EUDR

EuroCommerce has urged the European Commission to delay the implementation of the EU Deforestation Regulation (EUDR).

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Kimberly-Clark Raises Annual Profit Forecast, Beats Q2 Profit Estimates

Henkel Raises Outlook After A 'Strong' First Half

Stop & Shop To Close More Than 30 Stores By Year-End

Estée Lauder Finance Chief Tracey Travis To Depart Next Year

Lidl GB Calls On Contractors For Store Network Expansion Projects

Kroger Beats First-Quarter Estimates On Steady Grocery Demand

Colruyt Reports Growth In Revenue, Operating Profit In Full Year 2023/24

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