North America

Johnnie Walker Maker Diageo Misses First-Half Sales Estimates

Diageo, the world's top spirits maker, missed first-half sales estimates, as a sharp decline in Latin America weighed on group results.

Colgate-Palmolive Sees Sales Slowing In 2024 As Muted Volumes Weigh

Colgate-Palmolive has forecast fiscal 2024 sales below estimates, as higher prices of its oral and personal care products continue to weigh on volumes...

JDE Peet’s Announces Global Licensing Agreement With Caribou Coffee

Coffee giant JDE Peet’s has entered into a long-term global licensing agreement to manufacture, market and sell Caribou consumer and foodservice coff...

Just Eat Takeaway Sees 2023 Core Profit Above Its Guidance

Just Eat Takeaway said it expects to report full-year adjusted core earnings above its previously announced target, after a best ever quarterly p...

Kellanova Names Nicolas Amaya As President Of North American Unit

Packaged food maker Kellanova has named Nicolas Amaya president of its North America division.

Asahi Acquires Wisconsin-Based Octopi Brewing

Asahi Europe and International (AEI) has acquired Octopi Brewing – a contract beverage production and co-packing facility based in Waunakee, Wisconsi...

General Mills Cuts Annual Sales Forecast On Slowing Demand

General Mills cut its annual sales forecast, hurt by slowing demand for its higher-priced breakfast cereals, snack bars and pet food products.

Nestlé CEO Says Weight-Loss Drugs No Threat To Coffee Business

Nestlé sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly's Zepbound and Novo Nordisk's Wegov...