Price Hikes

Nestlé Cuts Sales Growth Outlook As Consumers Become More Cost-Conscious

Nestlé lowered its sales outlook, noting it had to slow its pace of price hikes earlier than it would have liked as consumers have become increasing...

PepsiCo Misses Quarterly Revenue Expectations On Slowing Demand For Snacks, Sodas

PepsiCo missed expectations for second-quarter revenue as a series of price hikes and competition from private-label brands slowed sales of its snacks and...

Constellation Brands Beats Profit Estimates In First Quarter

Constellation Brands beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines...

General Mills Posts Bigger-Than-Expected Drop In Quarterly Sales

General Mills has posted a bigger-than-expected drop in quarterly sales as cash-strapped consumers cut back on its higher-margin products and turned to che...

JM Smucker Beats Quarterly Profit Estimates On Price Hikes

Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit, helped by higher prices of condiments and frozen food as well as...

Jack Daniel's Maker Brown-Forman Beats Quarterly Profit Estimates On Price Hikes

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations, as price hikes on its premium whiskey and tequila helped offset waning demand.

Campbell Soup Lifts Annual Net Sales Forecast As Demand Recovers

Campbell Soup raised its forecast for annual net sales growth, banking on a recovery in demand for its ready-to-eat soups and meals and from its acqui...