Price Hikes

Nestlé Says Price Rises Will Moderate In Rest Of 2023

Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturer...

Procter & Gamble Raises Full-Year Sales Forecast On Higher Pricing

Procter & Gamble Co raised its full-year sales forecast on Friday, signalling higher prices would offset the hit from consumers turning to cheaper, pri...

Conagra Lifts Profit Forecast As Price Hikes Offset Demand Pressures

Conagra Brands Inc raised its full-year profit forecast, as the Slim Jim beef jerky maker bets on price increases to shield its margins at a time when dema...

Esselunga Sees 3.2% Revenue Growth In FY 2022

Italian supermarket chain Esselunga closed 2022 with a turnover of €8.8 billion in 2022, up 3.2% year on year, while net profit amounted to €63.8...

Shoppers To Face Fresh Price Hikes As Stores, Suppliers Pass On Costs

Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and investors, unl...

Conagra Brands Raises 2023 Forecast On Price Increases

Conagra Brands Inc has raised its annual forecasts after handily beating expectations for quarterly profit, as it mainly benefited from higher prices for i...

Kraft Heinz Beats Quarterly Sales Estimates On Higher Prices

Kraft Heinz Co beat third-quarter sales estimates on Wednesday, as higher product prices offset pressure from reduced demand for its packaged meals an...

Procter & Gamble Beats Sales Estimates On Price Hikes

Procter & Gamble Co beat estimates for quarterly sales and profit on Wednesday, helped by price hikes on everything from Head & Shoulders shampoo t...

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Essential Food Items Now ‘15% More Expensive’ In Portugal

Beer Lovers Face Price Spikes, Shortages As Climate Changes: Study

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