PepsiCo

Hormel Foods Forecasts Annual Sales, Profits Below Estimates

Hormel Foods forecast annual sales and profit below estimates, hurt by slowing demand for its snacking and meat products.

Some 88% Of Manufacturers Have Experienced Supply Or Production Challenges In the Past Year

Some 88% of FMCG manufacturers have experienced sourcing, supply or production challenges in the past year, according to the latest European Consumer Goods...

PepsiCo To Become Sole Owner Of Dip Makers Sabra And Obela

PepsiCo will become the sole owner of Sabra and Obela by acquiring the remaining 50% interest in both units.

Nestlé, P&G Investigate Palm Oil Sourcing After Environmetal Group's Deforestation Report

Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an ill...

Unilever, Procter & Gamble Face Risk From Trump's Threatened Mexico Tariffs

Procter & Gamble and Unilever are among big packaged goods companies that would be exposed if US President-elect Donald Trump goes ahead with a threat...

Monster Beverage Misses Quarterly Results On Weaker Demand

Monster Beverage missed Wall Street estimates for third-quarter sales and profit, as cost-conscious consumers cut back spending on its higher-priced bevera...

Food Companies Sell Products That Are Less Healthy In Poorer Countries, Says Report

The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-in...