by Admin | Jul 31, 2020 | News & Updates
Kellogg Company has reported 9.2% growth in organic net sales for its second quarter and raised its full-year sales and profit forecast. The company says that Q2 sales were boosted by elevated at-home demand, particularly for its cereal and frozen food products, as a...
by Admin | Jul 31, 2020 | News & Updates
Kraft Heinz Canada has introduced a ‘rich and chocolatey’ Hazelnut Spread, made without palm oil. The latest product to be launched under the company’s Kraft Peanut Butter brand contains roasted hazelnuts and is said to be low in saturated fat. The hazelnut-based...
by Admin | Jul 31, 2020 | News & Updates
Nestlé has reported organic sales growth of 1.3% in its second quarter results, after strong consumer stockpiling in March was followed by weaker demand in Q2. The Swiss food giant cut its full-year forecast to 2-3% growth in organic sales, from “more than 3.5%”...
by Admin | Jul 31, 2020 | News & Updates
RedSeer Consulting’s Covid-19 Impact Leadership Index (CILI) research notes Licious has further strengthened its position as a trusted food brand. This is evident from the 3X growth in demand across markets. However, this time around the brand not only fulfilled the...
by Admin | Jul 30, 2020 | News & Updates
Mondelēz International has reported a smaller than expected 2.5% drop in net revenue for Q2, with strong demand from North America offsetting declines elsewhere. Overall revenue fell to $5.91 billion from $6.06 billion, but came in just above market estimates of $5.90...
