A-Brands

Beyond Meat Outlook Cautious Due To Delta Variant, Shares Fall

Beyond Meat Inc said on Thursday that restaurants are placing 'more conservative' orders for its plant-based burgers due to uncertainty over to the Delta v...

L'OR Owner JDE Peet's Posts H1 Profit Ahead Of Expectations

JDE Peet's reported on Wednesday better-than-expected operating profit for the first half of 2021, as growth in sales of coffee for home consumption offset...

Meatpacker Tyson Foods Mandates Vaccines For Workers

Tyson Foods Inc said on Tuesday it was mandating COVID-19 vaccinations for its entire workforce, joining a growing list of major U.S. companies as they fac...

PepsiCo To Sell Tropicana, Other Juice Brands For $3.3bn

PepsiCo Inc unveiled a $3.3 billion sale of its Tropicana and other juice brands in North America to French private equity firm PAI Partners on Tuesday, as...

P&G Forecasts Higher Annual Earnings Despite $2bn Input Costs

Procter & Gamble Co expects higher core earnings this year despite warning of a nearly $2 billion hit from rising commodity and transportation expe...

Weekly Roundup... 3 August 2021

British bakery and fast food chain Greggs returned to a first half profit after a strong recovery in sales in the wake of the easing of COVID-19 restrictio...

Nivea Maker Beiersdorf Upbeat As Demand Roars Past Pre-Pandemic Levels

Nivea maker Beiersdorf expects its 2021 group sales to rise by close to 10% this year, it said on Thursday, as strong demand for adhesives and its dermatol...

Kraft Heinz Flags Margin Pressure From Inflation, Shares Fall

Kraft Heinz Co on Wednesday warned of margin pressure from higher prices of ingredients, sending its shares down 4%, even as the packaged food maker foreca...