Sales

Hormel Foods Beats Market Expectations On Demand For Higher-Priced Meats

Hormel Foods beat market expectations for second-quarter profit and raised the lower end of its full-year earnings as the Wholly dips maker sees steady dem...

Tereos Posts Record Annual Profit On Strong Sugar Prices

French sugar group Tereos nearly trebled net profit to €448 million ($487 million) in its 2023/24 financial year, it said, helped by higher sugar pric...

Naked Wines Trades In Line With Guidance In A 'Challenging' Year

Naked Wines generated revenue of approximately £290 million (€339.3 million) in the 52 weeks ended 1 April 2024, according to a pre-closing trad...

German Food Sales Increase 1.5% In February, BVE Says

The German food industry saw a 1.5% price-adjusted increase in sales in February 2024, compared to the same period last year, according to the BVE.

Russia's Magnit Reports Like-For-Like Sales Growth Of 5.5% In FY 2023

Russian retailer Magnit has reported like-for-like (LFL) sales growth of 5.5% in its full financial year 2023.

Walmart Lifts Full-Year Sales, Profit Forecast As Q1 Results Exceed Expectations

US retail giant Walmart raised its full-year forecast and reported better-than-expected first-quarter results.

Beer Consumption In Czechia Drops 2.4% In 2023, ČSPS Says

The consumption of local beer in Czechia declined 2.4% in 2023, driven by continued economic uncertainty and changes in consumer behaviour, according to th...

Eroski Reports Sales And Profit Growth In FY 2023

Eroski has reported growth in profit and volumes in its full financial year 2023, with operating profit increasing by more than a quarter (+26.9%) to &euro...