North America

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...

Ontex Lifts Guidance Following Good Performance In First Half

Ontex has lifted its guidance for full-year 2024 after volume growth and cost transformation boosted profitability in the first half of its financial year.

Just Eat Takeaway Announces Buyback As Europe Leads Profits Beat

Just Eat Takeaway reported a more than 40% jump in first-half core profit, announced a share buyback programme and said it was focused on using technology...

L'Oreal Sees Sales Rise In Q2 But Depressed China Market Weighs

French cosmetics giant L’Oréal reported a 5.3% rise in second-quarter sales, below expectations and likely further rattling investors already...

Diageo Set For First Post-COVID Annual Sales Decline

Diageo is set to post its first yearly sales decline since 2020, when it needs to convince investors that plans to turn around its North American and Latin...

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

Kleenex tissue maker Kimberly-Clark has raised its forecast for full-year profit after beating Wall Street estimates for second-quarter profit.

WITRON Facilitates Automation For 100 Million Consumers

The revolution in food retail logistics began in Parkstein, Germany, in 2003. Today, WITRON’s OPM system is the world’s most successful fully a...

Maple Leaf Foods To Spin Off Pork Business

Canadian consumer packaged meats company Maple Leaf Foods has decided to spin off its pork business, paving the way for future growth through two independe...