Grocery: latest news, insights and analysis | ESM Magazine

Beyond Meat Reports Wider-Than-Expected First-Quarter Loss

Beyond Meat posted a wider-than-expected quarterly loss and an 18% drop in revenue as its higher priced plant-based meat products hit volumes.

Kraft Heinz Misses Sales Estimates In First Quarter

Kraft Heinz missed Wall Street expectations for first-quarter sales as inflation-weary consumers pushed back on higher prices of its branded lunch combos,...

Primark Owner AB Foods Expects 'Significant Growth' In Full-Year Profit

Primark owner Associated British Foods has forecast 'significant growth' in full-year profit as it reported a 39% jump in the first half, partly driven by...

Conagra Brands Tops Quarterly Revenue Estimates On Resilient Demand

Conagra Brands topped Wall Street estimates for third-quarter revenue, as demand for its pantry staples and frozen food items recovered with more consumers...

Hershey, Mondelēz Bet Big On Easter As Cocoa Price Crisis Looms

Hershey, Mondelēz and other confectionery firms are employing promotions and pitching more non-chocolate Easter treats like cookies 'n' cream bunnies at a...

South Africa's RCL Foods To Spin-Off And List Rainbow Chicken Business

South Africa's RCL will unbundle its Rainbow Chicken business and list it on the Johannesburg stock exchange as part of a strategic review, the food produc...

Tyson Foods Posts Better-Than-Expected Q1 Results

Tyson Foods beat market expectations for first-quarter revenue and profit, in first signs demand for its meat products is beginning to recover as infl...