Hershey’s Sales Weaken Due to Virus Lockdowns
The pandemic "has impacted traffic into stores, length of time in stores and the amount of discretionary goods people are purchasing," CEO Michele Buck says
Hostess Buys Voortman in $320M Snacks Move
The maker of Twinkies says Voortman's wafers and sugar-free cookies will be "a great addition" to its sweet baked goods snacking and breakfast portfolio.
Hershey Buys ONE Brands to Boost Snacks Push
The $397 million purchase of the maker of ONE Bars furthers Hershey's strategy to become a "snacking powerhouse."
PepsiCo Shares Hit Record on Earnings Beat
The firm's CEO cites progress on "our ambitious agenda to invest to build capabilities, strengthen our brands, and add capacity to grow."
Hershey Adds Snacks With Pirate Brands Buy
The $420 million deal for the maker of Pirate's Booty cheese puffs expands Hershey's "better-for-you" snacks business.
Campbell Seeks Buyer for Fresh Foods Unit
After expanding into the fresh foods market aggressively through acquisitions, Campbell decides to pull back and focus on its core markets.
PepsiCo Beats Earnings Estimates Despite Competition, Cost Increases
The company said it would increase marketing behind a few key beverage brands.
Campbell Seeks to ‘Accelerate’ Fresh Food Sales
The company is putting its ailing Campbell Fresh business under the umbrella of a new "accelerator unit."
Cereals Power General Mills’ 2% Sales Gain
The company's topline growth in Q2 was across geographies, product platforms, and channels, with cereal sales up 7% in the U.S.