Profit: latest retail news and insights | ESM Magazine

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...

Irn-Bru Maker A.G. Barr Names New CEO, Lifts Profit Forecast

Irn-Bru maker A.G. Barr has appointed former Saga Plc boss Euan Sutherland, a veteran in the consumer goods industry, as its next chief executive...

Frozen Food Supplier Lamb Weston Raises Annual Forecast On Higher Prices

Lamb Weston raised its forecast for full-year profit after beating quarterly estimates as the supplier of frozen potato products benefited from higher pric...

General Mills Overhauls Senior Leadership Team

General Mills has announced several changes to its senior leadership team, including the appointment of Jon Nudi as group president of its Pet and Internat...

Jif Parent J.M. Smucker Tops Profit Expectations On Easing Costs, Higher Prices

Britvic Sees Revenue Up 6.6% In Full-Year 2023

Soft drinks maker Britvic has reported a 6.6% year-on-year increase in adjusted revenue, to £1.75 billion (€2 billion), in its financial year en...

Meat Producer Cranswick Sees Annual Profit At Upper End Of Market View

British meat producer Cranswick has forecast annual profit at the upper end of current market estimates, betting strong domestic demand and higher pig...

Nomad Foods Sees Growth In Revenue, Gross Profit In First Nine Months

Frozen food firm Nomad Foods has reported year-on-year revenue growth of 4.3% to €2.3 billion in the first nine months of its financial year ended 30...