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...Investors co-ordinated by ShareAction started to call on food companies such as Nestlé, Unilever and Kraft Heinz to improve the health of their portfolios as a result of the clear link between bad diets...
...After Kraft Heinz enacted a series of price rises in 2023, the maker of Heinz ketchup and Grey Poupon mustard last month reported declining organic net sales for the first time since 2021, with volumes also...
...Kraft Heinz is getting price, but only at the cost of falling volumes....
...Among big cap US stocks yesterday, some of the largest losers were snack and sweet drinks giants such as Mondelez, Coca-Cola, Pepsi and Kraft-Heinz....
...Kraft Heinz, General Mills and Hershey all said they would look to drive growth through acquisitions....
...Berkshire Hathaway Energy chief executive Gregory Abel and Susan Mulder, head of apparel company Nic & Zoe, will step down from Kraft Heinz’s board of directors at its annual meeting later this year, the...
...Here’s what else I’m keeping tabs on today: Results: Ketchup maker Kraft Heinz will report its latest quarterly earnings before the open....
...Also, December House Price Index Results: ABN AMRO Q4, Albemarle Q4, Capgemini FY, Cisco Systems Q2, CNH Industrial Q4, Delivery Hero Q4 trading update, Dunelm HY, Heineken FY, Kirin Holdings Q4, Kraft...
...Earnings: Private equity firm Carlyle, Taco Bell parent Yum Brands, food producer Kraft Heinz, and pharmacy group CVS Health will report earnings before the opening bell....
...Kraft Heinz said it had lost some of its position in the second quarter of the year as a result of pricing its products higher than the market....
...She cites a soft January retail sales report which showed a slowdown from January to February; weakening survey measures of consumer sentiment; and lukewarm comments from executives at Kraft Heinz, Pepsi...
...It’s from Heinz, announcing “Hot Cross Bun flavoured Mayonnaise”....
...He has served as executive chair of Avis Budget Group and was previously the chief executive of Kraft Heinz Company and Burger King Worldwide Holdings....
...The Trian founder has a long record of activism in the consumer goods sector, pushing forward changes at Procter & Gamble and helping to orchestrate the 2012 split of Kraft Foods into Heinz and Mondelez....
...During his four-decade career at Slaughter and May, Cooke advised on politically sensitive deals such as the 2010 takeover battle between Cadbury and US food group Kraft, which resulted in changes to the...
...Heinz, Nestlé and Mars....
...The appeal of the staples group, which features food and drink (Kraft Heinz, Coca-Cola), basics retailers (Walmart, Kroger, Dollar Tree) and household goods (Colgate, Kimberly-Clark), is its stability....
...Heinz Q3, Next trading statement, PayPal Q3, Qualcomm Q4, Thomson Reuters Q3, Toyota Q2 Thursday UK, Bank of England announces its interest rate decision Results: Apple Q4, Bombardier Q3, BT Group H1...
...Peltz has previously led activist campaigns at consumer goods rivals including Procter & Gamble and Heinz, where he worked with Schumacher....
...Food company Kraft Heinz last summer halted supplies of some products to Tesco in a dispute over pricing that has since been resolved....
...Meanwhile, supplies of baked beans by Kraft Heinz to Tesco, the UK’s biggest supermarket chain, were temporarily imperilled....
...A self-styled “constructivist”, Peltz is best known for his turnaround campaigns at big consumer goods companies such as Mondelez, Heinz and Procter & Gamble....
...Last summer, the chain was embroiled in a dispute over pricing with Kraft Heinz that led to temporary gaps on shelves. The group’s full-year sales climbed 5.3 per cent to £57bn....
...Results: Carlyle, Taco Bell parent Yum Brands, Kraft Heinz, CVS Health DoorDash, Etsy, Zillow, Robinhood, PayPal and Shopify are among the companies reporting earnings today....
...Companies including Tyson and Kraft Heinz have been racing to secure supplies. It is not just higher prices. Food and drinks companies may have to cut back on production, resulting in lost sales....
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