Profit

Hain Celestial Reports ‘Flat’ Second-Quarter Net Sales

Organic and natural products company Hain Celestial said its second-quarter net sales remained unchanged at $454.1 million (€422.33 million) compared...

Hershey Forecasts 2024 Sales And Profit Below Estimates, Announces Job Cuts

Hershey has forecast full-year sales and profit below estimates and said it would cut jobs that will impact less than 5% of its workforce.

PepsiCo Posts Rare Sales Miss As Price Hikes Dent Demand

PepsiCo fell short of Wall Street estimates for fourth-quarter revenue and forecast weak organic growth for 2024.

Super Bowl Caterer Compass Says Q1 Volume Better Than Expected

British catering group Compass reported an 11.7% jump in first-quarter organic revenue and said like-for-like volume, or the number of meals served, was be...

Unilever Launches €1.5bn Buyback As CEO Demands Improvements

Unilever met expectations for underlying quarterly sales growth after raising prices at a slower rate than in recent quarters, posting an increas...

Packaging Firm Smurfit Kappa Says Worst Is Over As Volume Growth Returns

The chief executive of packaging giant Smurfit Kappa said that the worst of a year-long dip in demand for the sector appeared over after volumes increased...

Estée Lauder Slashes Annual Profit Forecast, To Cut Jobs

MAC lipstick maker Estée Lauder slashed its annual profit forecast and announced a restructuring programme aimed at cutting about 3% to 5% of its wo...