Snacks

Family Shareholders Sell Shares Of Lotus Bakeries

The main shareholder of Belgium's Lotus Bakeries, the Boone family, has sold 65,303 shares at a unit price of €5,000 for €327 million, according...

Kraft Heinz Beats Sales Estimates In Second Quarter

Kraft Heinz Co beat market estimates for quarterly net sales as demand for snacks and packaged meals remained strong even as Americans started venturi...

PepsiCo Raises Profit Forecast As Soda Sales Jump

PepsiCo Inc has raised its full-year earnings forecast, betting on surging demand for its sodas as pandemic-weary people flock to theatres, resta...

Campbell Soup Cuts Annual Profit Forecast Amid Rising Costs

Campbell Soup Co has slashed its forecast for full-year earnings on higher costs related to raw materials and transportation. The company's shares...

ISM 2022 Reports High 'Early Bird' Registration Numbers

Sweets and snacks trade fair ISM, which is set to take place at Koelnmesse from 31 January to 2 February 2022, has received a 'good response' from the indu...

Bas Alblas Joins The Advisory Board Of Frostkrone Food Group

Bas Alblas has joined the Frostkrone Food Group's Advisory Board as of May this year. The company said it was fortunate enough to find such an exp...

Kraft Heinz Beats First-Quarter Revenue And Profit Estimates

The Kraft Heinz Company has beaten first-quarter revenue and profit estimates, driven by a year-long surge for the group's snacks and packaged meals....

PepsiCo Bets On Higher Soda Sales As Restaurants Reopen

PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that ar...