Profit: latest retail news and insights | ESM Magazine

Hormel Foods Beats Estimates As Demand Remains Resilient

Skippy peanut butter maker Hormel Foods topped market expectations for first-quarter sales and profit, helped by resilient demand for its high-priced meat...

Reckitt Misses Fourth-Quarter Like-For-Like Net Sales Expectations

Consumer goods group Reckitt missed fourth-quarter like-for-like net sales expectations with some investors criticising the company's 'vague' outlook for t...

Glanbia Sees Decline In Full-Year Revenue, EPS Up By A Fifth

Nutrition group Glanbia has reported group revenues of $5.4 billion in its full year 2023, representing a decline of 8.7% compared to the previous financia...

UK's McBride Raises Full-Year Profit Expectations

British cleaning products maker McBride raised its annual profit expectations, thanks to resilient demand for private-label products and new contract wins.

Coffee Group JDE Peet's Posts Surprise Growth In 2023 Operating Profit

JDE Peet's, one of the world's largest coffee companies, has reported an organic rise in 2023 operating profit, while analysts had forecast a decline,...

Hain Celestial Reports ‘Flat’ Second-Quarter Net Sales

Organic and natural products company Hain Celestial said its second-quarter net sales remained unchanged at $454.1 million (€422.33 million) compared...