Packaged Food

Nestlé Begins Work On 'Companion Products' For Weight Loss Drugs

Nestlé said it has started work on products to 'companion' weight loss drugs like Novo Nordisk's game-changing Wegovy, hoping to cash in on their gr...

Conagra Brands Beats Quarterly Profit Estimate On Price Hikes

Conagra Brands beat Wall Street estimates for first-quarter profit, as higher prices and easing cost pressures offset slowing demand for the Slim Jim beef...

Cheerios Maker General Mills Beats Quarterly Sales, Profit Estimates

General Mills topped Wall Street expectations for quarterly sales and profit, benefiting from higher prices for its breakfast cereals, snack bars and pet f...

US Food Companies Go Deal Hunting As Pandemic Growth Fades

US packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of pri...

Campbell Soup Sees Annual Profit Above Estimates On Higher Prices

Campbell Soup forecast annual profit largely above Wall Street estimates, banking on higher prices to help offset softer demand for its soups and packaged...

Hershey Sweetens Annual Profit Forecast On Higher Prices

Hershey raised its full-year adjusted profit forecast, bolstered by price increases for the Reese's peanut-butter cups maker's chocolates and candy.

Conagra Forecasts Dour Profit As Higher Prices Curb Demand

Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street estimates, in a sign that the packaged food giant was starting to face so...