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Frozen Food Supplier Lamb Weston Provides Dour Annual Forecasts

Lamb Weston forecast its annual sales and profit below analysts' expectations, as higher prices of its frozen food products begin to hurt volumes...

Keurig Dr Pepper's Reports Growth In Quarterly Sales, Profit

Keurig Dr Pepper reported a rise in second-quarter revenue and profit, aided by higher prices and steady demand for its energy drinks and sodas.

Loblaw Misses Quarterly Revenue Estimates On Soft Household Items Demand

Canada's Loblaw missed analysts' expectations for second-quarter revenue, hurt by soft demand for some household items and non-essential products.

Unilever Beats Profit Expectations Despite Disappointing Sales

Unilever posted worse than expected underlying quarterly sales after it was unable to win back shoppers it had alienated in recent years with higher prices...

Jerónimo Martins' Second-Quarter Profit Falls 28% On Lower Margins

Jerónimo Martins posted a larger-than-expected 28% drop in second-quarter net profit, as a decline in margins from food price deflation offset...

Greencore Lifts Full-Year Guidance After A 'Strong' Third Quarter

Convenience food firm Greencore Group has raised its full-year guidance after delivering what it described as a 'strong financial and operational performan...

Finland's Kesko Sees Net Sales Decline In First Half

Finnish retailer Kesko has reported a 1.3% year-on-year decline in reported net sales, to €5.9 billion, in the first half of its financial year.

Philip Morris Raises Profit Forecast As Nicotine Pouch Demand Grows

Philip Morris International raised its annual profit forecast, banking on higher cigarette prices and its growing nicotine pouch brand ZYN while trimming t...