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News in-depthReckitt Benckiser Group PLC
Fight, settle or split? How a $60mn damages verdict is piling pressure on Reckitt
...Throughout the cost of living crisis consumer health businesses have benefited from customers not trading down to cheaper alternatives, as they have in other sectors such as packaged food....
March 22, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Foodmaker Conagra boosts margin guidance despite higher advertising spend
...In its fiscal third quarter, Conagra’s net sales dropped 1.7 per cent from a year ago to $3bn, beating Wall Street forecasts....
April 4, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
What to watch in North America today
...Company results: Frozen potato processor Lamb Weston and consumer packaged foods company Conagra Brands will report earnings before the bell....
April 4, 2024
News updates from January 4: US air strike kills Iran-backed militia commander, German inflation rises to 3.8%
What to watch in North America today
...ConAgra Brands: Earnings and sales at the consumer packaged foods company are projected to have declined to 68 cents a share on revenue of $3.2bn in the September-November period....
January 4, 2024
EU business regulation
EU set to impose stringent rules on food packaging
...They added that a shortage of plastic compliant with the law would increase its price, with a knock-on effect on the cost of packaged products....
March 12, 2024
How To Host It
Laila Gohar’s rites of spring
...There was an air of abundance in the room – yes the food, but more importantly the conversation and attention we were giving one another....
March 30, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...as a food for monsters....
January 19, 2024
Greencore Group PLC
Activist investor Oasis builds stake in sandwich maker Greencore
...Sales at Greencore, which supplies packaged food products to almost every big supermarket chain including Tesco and M&S, have been buoyed by workers returning to offices following the pandemic....
March 15, 2024
FirstFT
FirstFT: Google weighs charging for ‘premium’ AI-powered search features
...Companies: Frozen potato processor Lamb Weston and consumer packaged foods company Conagra Brands will report earnings results before the bell....
April 4, 2024
Global Economy
ARK Invest’s ‘seemingly outlandish’ economic forecasts
...Through 1500, agricultural innovation, notably the introduction of a plow able to work heavy European soils, improved food protection, boosting growth to a rate that would have multiplied real GDP 10-fold...
February 27, 2024
Unhedged
A near-perfect inflation report Premium content
...But ConAgra, Hormel and Tyson aren’t even managing price increases. Kraft Heinz is getting price, but only at the cost of falling volumes....
November 15, 2023
FT Globetrotter
Move over, Milka: Zürich’s cool bean-to-bar chocolate scene
...The bars, each with a varied thickness and surface texture throughout (all of which affect the way you taste), are packaged in cool, futuristic envelope-wrappers with colourful cosmic designs....
March 27, 2024
News in-depthFood & Beverage
Plant-based meat industry on a mission to rebrand itself as healthy option
...Like most packaged food, plant-based meat has fallen under greater scrutiny amid the backlash against “ultra-processed” products, after a growing body of scientific research has linked them to obesity, cancer...
October 6, 2023
FirstFT
FirstFT: New York court releases Jeffrey Epstein documents
...Here’s what else I will be keeping tabs on today: Earnings: Pharmacy group Walgreens Boots and consumer packaged food company ConAgra Brands report results....
January 4, 2024
LexFood & Beverage
Pepsi/obesity drugs: snack pack will withstand economies of scales Premium content
...Packaged food companies have built strong and trusted brands over decades....
October 10, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Live news updates from August 7: Saudi Aramco’s earnings fall 38%, KKR agrees $1.6bn Simon & Schuster deal
Tyson Foods misses estimates on weak demand for meat
...Average prices for Tyson’s meat and packaged foods declined 2.6 per cent, but sales volume ticked up by 0.3 per cent....
August 7, 2023
News updates from December 6: UK immigration minister quits, Italy pulls out of Belt and Road Initiative
Risers and fallers in the US
...Share price moves to note on the New York Stock Exchange during afternoon trading include Campbell Soup, Delta Air Lines and Brown Forman: Campbell Soup was up 7.1 per cent, after the packaged foods company...
December 6, 2023
The Week Ahead
Deadlines for politicians and Nato’s 75th anniversary
...Paychex Q3 Wednesday EU: March flash consumer price index (CPI) inflation rate figures and unemployment rate Italy: Unemployment rate for February US: S&P Global final services PMI data Results: Hilton Food...
March 31, 2024
Retail & Consumer industry
Consumer groups look for ways to revive growth as price rises ease
...Executives presenting at CAGNY emphasised this with companies including Hershey, Mondelez and Conagra Brands saying they would use “price pack architecture” — a range of package sizes — to serve consumers...
March 3, 2024
Undercover EconomistTim Harford
Why the UK’s biscuit tax leaves a bad taste in the mouth
...(Hot takeaway food attracts VAT, cold takeaway food does not, so what tax should be charged on a cooling pasty? If this strikes you as ludicrous, I am not going to tell you you’re wrong.)...
March 29, 2024
Food & Drink15 min
Inside the Newcastle restaurant that keeps things close to home | FT Food Revolution
...And then people came, and I would sell that day's food and then go again the next day....
December 11, 2023
LexHershey Co
Hershey: snack maker’s valuation slims on diet drug fears Premium content
...America’s packaged food companies also need to give convincing explanations as to why the growing popularity of weight loss drugs will not eat into future sales. This is no easy task....
October 27, 2023
Live news updates from June 7: Wildfire smoke blankets New York, China exports decline
Campbell Soup shares sink on conservative full-year forecast
...Shares of packaged foodmakers including Kellogg, ConAgra Brands and Spam maker Hormel were down 1-2 per cent in New York trading on Wednesday morning....
June 7, 2023
Unhedged
Bank stocks’ problem isn’t just rates Premium content
...Part of the reason may have been a soft earnings report from ConAgra, the packaged food company. The chief executive said consumers were stretched and cutting back on spending....
October 6, 2023
News in-depthFood & Beverage
Predictions that weight-loss drugs will dampen appetite hard to swallow for snacks makers
...Analysts have warned that the extraordinary growth outlook for drugs such as Novo Nordisk’s Wegovy and Ozempic, which is prescribed for diabetes but commonly used for weight loss, could hit sales of packaged...
October 16, 2023

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