Food

Search documents
Defensive Plays: 3 Consumer Staples Giants Showing Strength
MarketBeat· 2025-09-02 13:17
The consumer staples sector has faced some significant challenges in recent months. Cost pressures due to persistent inflation, high commodity prices, and tariffs have damaged profit margins, while real average wages have fallen and caused consumers to tighten belts. Investor attention has also turned more toward high-growth industries like AI, leaving consumer staples names facing high valuations and limited upside. However, with economic uncertainty continuing to loom and many investors increasingly takin ...
X @Bloomberg
Bloomberg· 2025-09-01 17:32
Nestlé named Philipp Navratil as its new chief executive officer after the Swiss food company dismissed Laurent Freixe over an undisclosed romantic relationship https://t.co/1fNAk1VJl4 ...
Post Holdings to Sell 8th Avenue Pasta Business to Richardson
ZACKS· 2025-09-01 15:36
Key Takeaways Post Holdings will sell 8th Avenue's pasta business to Richardson for $375M in cash and liabilities.POST will retain nut butters, fruit and nut, and granola, aiming for $45-$50M EBITDA in fiscal 2026.Management approved a new $500M buyback plan after cancelling the prior authorization on Aug. 28.Post Holdings, Inc. ((POST) has agreed to divest the pasta business of its recently acquired 8th Avenue Food & Provisions to Richardson (US) Holdings Limited. Valued at $375 million in cash, with Richa ...
Hormel Foods Corporation to Participate in Barclays 18th Annual Global Consumer Staples Conference
Prnewswire· 2025-08-29 20:05
Core Viewpoint - Hormel Foods Corporation will participate in Barclays 18th Annual Global Consumer Staples Conference, showcasing its leadership and commitment to the consumer staples sector [1]. Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue across more than 80 countries [3]. - The company offers a diverse portfolio of brands, including PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, and more than 30 other well-known brands [3]. - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3].
X @The Wall Street Journal
The Wall Street Journal· 2025-08-29 18:32
Exclusive: Kraft Heinz is closing in on a plan to break itself up, according to people familiar with the matterhttps://t.co/skxB9U6gDG ...
Conagra Brands Unveils Future of Snacking 2025 Report, Spotlighting Bold Flavors, Better-For-You Choices, and On-the-Go Innovation
Prnewswire· 2025-08-27 11:30
Core Insights - The Future of Snacking 2025 report by Conagra Brands highlights key trends shaping the $148.6 billion U.S. snacking market, emphasizing evolving consumer behaviors and preferences [1][8]. Group 1: Emerging Trends - **Flavor Explosion**: Traditional flavors like sea salt and BBQ remain popular, but bold flavors such as sriracha and garlic parmesan are driving significant growth [3][11]. - **Snacking Without Borders**: Global snack sales reached $5.7 billion, with a 22% volume growth over the past three years, driven by younger consumers' interest in multicultural flavors [4][11]. - **Better-for-You Snacking**: There is a rising demand for protein-rich, portion-controlled, and nutrient-dense snacks, particularly among Gen Z and Millennials, with specific claims like "grass-fed" and "gut health" gaining traction [4][11]. Group 2: Market Dynamics - **Co-Branded Bites**: Co-branded snacks are generating nearly $2.1 billion in annual sales, leveraging partnerships with restaurants and entertainment brands to enhance market appeal [4][11]. - **Snacks on the Go**: Convenience is a key driver, with away-from-home snack occasions projected to grow by 39% by 2027, indicating a shift towards more accessible snack options [5][11].
X @The Wall Street Journal
The Wall Street Journal· 2025-08-27 00:41
Kellogg and other big food makers were struggling already. Then RFK Jr. and MAHA came to Washington. https://t.co/79DVAsPaVA ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-26 02:27
Kellogg and other big food makers were struggling already. Then RFK Jr. and MAHA came to Washington. https://t.co/K1AlP3zMZd ...
Mimi Cheng’s Dumplings Expand to Whole Foods
Bloomberg Television· 2025-08-23 15:01
So talk to us a little bit about the origin story of these dumplings, because it originated with you and your sister having a craving for your mom's homemade food. Absolutely. You tell a story.Great. It's based off our mom's recipes. My sister came from a Wall Street background.I came from fashion, and we craved our mom's dumplings and wanted to share it with the world. So we left our industries to open a restaurant in the East Village that has now been open for over ten years, and now it's frozen. And part ...
The Marzetti Company (MZTI) Q4 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-08-21 17:10
The Marzetti Company (NASDAQ:MZTI) Q4 2025 Earnings Conference Call August 21, 2025 10:00 AM ET Dale N. Ganobsik Good morning, everyone, and thank you for joining us today for The Marzetti Company's Fiscal Year 2025 Fourth Quarter Conference Call. Formerly known as Lancaster Colony Corporation, our business rebranded as The Marzetti Company effective June 27. This rebranding honors the 130-year history of our flagship Marzetti brand and signals our future as a food company with an ongoing commitment to deli ...