Packaged Food

General Mills Posts Smaller Drop In Quarterly Sales Than Expected

General Mills posted a smaller-than-expected drop in quarterly sales, benefiting from improved demand as the Cheerios maker cut prices for some of its prod...

General Mills To Sell North America Yoghurt Operations To Lactalis, Sodiaal In $2-bn Deal

General Mills is in talks to sell its US and Canadian yoghurt operations to French dairy firms Groupe Lactalis and Sodiaal, respectively, Bloomberg News ha...

Campbell Soup Expects Annual Profit Below Estimates On Still-High Costs

Campbell Soup Co has forecast annual profit below Wall Street expectations due to persistently high raw material costs and investments into ...

US FDA Seeks Fresh Curbs On Sodium Levels In Packaged, Processed Foods

The US Food and Drug Administration has laid out fresh goals to cut sodium levels in packaged and processed foods by about 20%.

Mars To Acquire Kellanova In Mega $36bn Deal

Mars said it would buy Kellanova in a nearly $36 billion (€32.7 billion) deal, making it the biggest buyout in the packaged food industry.

Monster Beverage Misses Quarterly Sales Estimates As Economic Fears Slow Demand

Monster Beverage missed market expectations for second-quarter sales as budget-conscious consumers kept a tight lid on spending.

Mars' Mulled Deal For Kellanova Should Withstand Regulatory Scrutiny

Mars' contemplated acquisition of US snack maker Kellanova stands a good chance of getting past global antitrust regulators, legal experts say.

Kellanova Raises 2024 Forecasts On Stable Snacks Demand In North America

Kellanova raised its annual organic sales and profit forecasts as consumers opted for its breakfast cereals and ready-to-eat snacks such as Pringles despit...