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5 days ago · Food manufacturers are embracing science-backed ingredient support and research and development assistance from Kemin® to help their products stay fresher and safer for a longer...
Younger, diverse consumers driving Starbucks success
Nov 11, 2022 · Net revenues for the full year totaled $32.3 billion, up 11% from $29.1 billion. Revenues increased 13% on a 52-week basis. Fourth-quarter earnings were $878.3 million, or 76¢ per share, down 50% ...
Lamb Weston restructuring as demand remains weak
Oct 2, 2024 · EAGLE, IDAHO — Weak market conditions, particularly in the quick-service restaurant category, have led Lamb Weston Holdings, Inc. to restructure. As part of its plan, the company will close a ...
Kellanova shareholders green-light planned acquisition by Mars
Nov 5, 2024 · CHICAGO — Kellanova shareholders have voted overwhelmingly in favor of the snack maker’s $35.9 billion deal to be acquired by Mars Inc. In a special meeting on Nov. 1, more than 99.5% of the ...
American Foods Group building beef processing plant
09.14.2022. By Ryan McCarthy. GREEN BAY, WIS. — American Foods Group LLC (AFG) has begun construction on its new $800 million beef processing plant in Wright City, Mo. The company, which is ...
How Coca-Cola turned the pandemic into an opportunity
12.02.2021. By Keith Nunes. ATLANTA – The COVID-19 pandemic disrupted businesses and markets around the world, but at least one food and beverage company saw an opportunity to use the disruption ...
Slideshow: Bimbo Bakeries USA’s year of innovation
11.29.2023. By Sarah Straughn. KANSAS CITY — Bimbo Bakeries USA (BBU), a subsidiary of Grupo Bimbo SAB de CV, has had a busy year introducing new products across its various baked foods brands ...
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Liquid Death makes leadership changes | Food Business News
10.08.2024. By Will Newton. LOS ANGELES — Beverage manufacturer Liquid Death is growing its leadership team. Mike Fine has been appointed chief retail officer. Marisa Bertha has been promoted ...
Campbell Soup rethinking snacks distribution strategy
Mar 11, 2024 · Companywide, Camden-based Campbell Soup had net earnings of $203 million, or 68¢ per share on the common stock, which marked a 12% decrease from $232 million, or 78¢ per share, in the previous ...