Kellogg

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Reuters - 14 godzin(-y) temu

J M Smucker sees smaller decline in annual sales on higher prices, steady demand

J M Smucker sees smaller decline in annual sales on higher prices, steady demand June 6 (Reuters) - Jif peanut butter maker J M Smucker Co SJM.N forecast a smaller-than-expected decline in annual revenue on Tuesday, betting on higher prices and steady demand for its ready-to-eat meals and snacks. Packaged food product makers have been bumping up prices to combat elevated raw materials, supply chain, labor and freight costs.

Reuters - 3 tygodni(-e) temu

Rebounding margins silver lining for US retail firms in uncertain economy

Rebounding margins silver lining for US retail firms in uncertain economy By Aishwarya Venugopal May 18 (Reuters) - Lower input costs and inventories, as well as extended price hikes are pushing a quicker-than-expected recovery in margins at U.S. consumer-facing firms including PepsiCo, Kraft Heinz, and Target, their recent earnings reports indicated.

Reuters - 1 miesiąc temu

Walmart keeps grocery prices steady amid inflation, antitrust claims

Walmart keeps grocery prices steady amid inflation, antitrust claims Dataweave analyzed prices of 589 products over 14-month period Walmart's avg. basket price rose 3% vs avg. inflation of 7.5% Walmart outpriced rivals on basket of food items where inflation was fiercest By Siddharth Cavale NEW YORK, May 5 (Reuters) - A new analysis of Walmart's pricing strategy reveals it has consistently kept grocery prices lower than competitors while generally hiking prices at rates far below U.S.

Reuters - 1 miesiąc temu

Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now -CEO

UPDATE 1-Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now -CEO Adds spokesperson comment By Jessica DiNapoli NEW YORK, May 4 (Reuters) - Kellogg Co K.N has a stable reserve of a key ingredient used in its Pop Tarts breakfast pastries that it sources from war-torn Sudan, CEO Steve Cahillane told Reuters in an interview on Thursday.

Reuters - 1 miesiąc temu

Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now - CEO

Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now - CEO By Jessica DiNapoli NEW YORK, May 4 (Reuters) - Kellogg Co, K.N which makes Pop Tarts, sources a key food binding ingredient, gum arabic, from Sudan, now engulfed in a third week of violent conflict , CEO Steve Cahillane told Reuters in an interview on Thursday. The Eggo waffle manufacturer, however, does not see any risk of its "safety stock" of the ingredient becoming depleted, even as the fighting rages on,

Reuters - 1 miesiąc temu

Kellogg's pricing actions help bolster annual forecasts

UPDATE 3-Kellogg's pricing actions help bolster annual forecasts Adds analysts comments in paragraphs 5 & 7; Updates shares By Aatrayee Chatterjee May 4 (Reuters) - Kellogg Co K.N on Thursday forecast a smaller drop in annual profit than it had previously expected and raised the lower end of its sales outlook on the back of repeated price hikes and resilient demand for its cereals and snacks.

Reuters - 1 miesiąc temu

Kellogg Company Reports 2023 First Quarter Results

BRIEF-Kellogg Company Reports 2023 First Quarter Results May 4 (Reuters) - Kellogg Co K.N : MPANY REPORTS 2023 FIRST QUARTER RESULTS RAISES FY ORGANIC-BASIS NET SALES GROWTH GUIDANCE TO A TIGHTENED RANGE OF +6% TO +7% RAISES FY GUIDANCE FOR AN ADJUSTED-BASIS EARNINGS PER SHARE DECLINE TO 1% TO 3% ON A CURRENCY-NEUTRAL BASIS WE CONTINUE TO GROW NET

Reuters - 1 miesiąc temu

Kellogg beats revenue estimates on strong demand

Kellogg beats revenue estimates on strong demand May 4 (Reuters) - Kellogg Co K.N topped Wall Street estimates for quarterly sales on Thursday, as demand for its cereals and snacks held steady in the face of increased prices. Net sales rose to $4.05 billion in the first quarter from $3.67 billion a year earlier. Analysts on average were expecting sales of $3.95 billion, according to Refinitiv IBES data.

Reuters - 1 miesiąc temu

Futures waver as PacWest slide offsets Fed pause optimism

US STOCKS-Futures waver as PacWest slide offsets Fed pause optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Futures: Dow up 0.01%, S&P down 0.03%, Nasdaq up 0.22% May 4 (Reuters) - U.S. stock index futures wavered on Thursday as PacWest Bancorp exploring strategic options deepened concerns about the health of regional banks, while investors drew comfort from the Federal Reserve signaling a likely pause in its interest rate hikes.

Reuters - 1 miesiąc temu

J&J aims for up to $43 bln valuation for consumer health unit Kenvue

UPDATE 3-J&J aims for up to $43 bln valuation for consumer health unit Kenvue Adds analyst comment By Akash Sriram and Manya Saini April 24 (Reuters) - Johnson & Johnson JNJ.N said on Monday it was seeking a valuation of up to $42.95 billion in the initial public offering of its consumer health unit, Kenvue, at a time when investor appetite for new listings has been muted.

Reuters - 2 miesiące(-ęcy) temu

Twitter's advertising business seen facing slow recovery

ANALYSIS-Twitter's advertising business seen facing slow recovery By Sheila Dang April 13 (Reuters) - Twitter-owner Elon Musk has said advertisers are returning to the social media platform, but statements from several companies and data from research firms suggest a bounce-back is not happening so fast. Musk, who also runs electric carmaker Tesla Inc TSLA.O , earlier this week told the BBC that most of Twitter's advertisers are returning to the platform and the business was "roughly breaking ev

Reuters - 2 miesiące(-ęcy) temu

Britain's Sainsbury's offers lower prices to loyalty card holders

Britain's Sainsbury's offers lower prices to loyalty card holders Nectar members get lower prices on over 300 items Initiative follows success of Tesco's Clubcard Prices By James Davey LONDON, April 11 (Reuters) - Sainsbury's SBRY.L , Britain's second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty scheme, rivalling a similar initiative at market leader Tesco TSCO.L .

Reuters - 2 miesiące(-ęcy) temu

Kraft Heinz agrees to sell Russian baby food business

UPDATE 2-Kraft Heinz agrees to sell Russian baby food business Adds background on deal from Kraft-Heinz MOSCOW, March 31 (Reuters) - Kraft Heinz KHC.O has agreed to sell its baby food business in Russia to local drinks and snacks maker Chernogolovka, the U.S. food giant said on Friday, as domestic firms continue to capitalise on the departure of Western brands.

Reuters - 2 miesiące(-ęcy) temu

Kraft Heinz agrees to sell Russian baby food business, local buyer says

Kraft Heinz agrees to sell Russian baby food business, local buyer says March 31 (Reuters) - U.S. food giant Kraft Heinz KHC.O has agreed to sell its baby food business in Russia to local drinks and snacks maker Chernogolovka, a representative from the Russian company told Reuters on Friday. Chernogolovka is one of the major beneficiaries of the corporate exodus from Russia in the past year, snapping up Kellogg Co's K.N local operations and eyeing a huge increase in its share of the soft drinks