United States: latest news, insights and analysis | ESM Magazine

Consumer Gulf Widens As Demand For Premium And Budget Foods Grows

From Nestlé to Danone, food companies are seeing shoppers that want either premium or cheaper products.

Philip Morris Results Beat Estimates On Demand For Heated Tobacco Sticks

Philip Morris International surpassed market expectations for first-quarter profit and revenue, helped by robust demand for its heated tobacco product and...

PepsiCo Beats Quarterly Revenue Estimates On Price Hikes, Steady Demand

PepsiCo beat Wall Street expectations for first-quarter revenue as demand held steady for the soda and snacks giant's Tropicana juices and Cheetos in its i...

LVMH Sales Growth Slips On Luxury Spending Slowdown

LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousand...

Illycaffè Reports Revenue And Profit Growth In FY 2023

Italian coffee company Illycaffè achieved solid revenue growth in 2023, reaching €595.1 million (+5.7% at constant exchange rates and +4.8% at...

Lavazza Reports 13% Revenue Growth In FY 2023 Despite Challenges

Italian coffee giant Lavazza generated revenue worth €3.1 billion in its financial year 2023, registering a 13% increase over 2022.

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...