Profits Improve At AB InBev Despite Weaker Volumes
AB InBev, the owner of brands such as Budweiser and Stella Artois, has posted a forecast-beating core profit for its second quarter as cost...
P&G Struggles For Growth Despite Price Restraint
Shares in Procter & Gamble slipped nearly 5% yesterday after the consumer goods giant posted an unexpected drop in fourth-quarter sales as its efforts...
Disappointing Quarter For Heineken
Heineken has posted weaker-than-expected sales figures, with the world’s second-largest brewer blaming the poor weather during spring and early summer.
Over the first half period...
Cost-Conscious Consumers Holding Back Growth At Nestlé
Nestlé lowered its sales outlook today after slowing the pace of price hikes earlier than it would have liked due to consumers remaining cost-conscious...
Price Hikes And Advertising Expected To Drive Growth At Coca-Cola
Coca-Cola upped its annual sales and profit forecasts yesterday on expectations that it will benefit from further price increases and an advertising blitz.
The move...
Philip Morris Raises Profit Forecast As Nicotine Pouch Demand Grows
Philip Morris International raised its annual profit forecast on Tuesday, banking on higher cigarette prices and its growing nicotine pouch brand ZYN while trimming...
Lindt Warns Of Further Price Increases Amid Soaring Cost Of Cocoa
Swiss chocolate manufacturer Lindt & Spruengli has reported a 7% rise in first-half organic sales to CHF2.16bn (€2.23bn) after passing on the high cost...
Estee Lauder’s Long-Serving CFO To Depart Next Year
Cosmetics giant Estee Lauder has announced that its Chief Financial Officer, Tracey Travis, will be stepping down on 30 June 2025 after more than twelve...
PepsiCo Impacted By Slowing Demand For Snacks And Soft Drinks
PepsiCo has posted weaker-than-expected second-quarter revenue growth after recent price hikes and competition from own-label lines hit demand for its snacks and soft drinks, mainly...
US Consumer Goods Companies Are Losing Upper Hand On Pricing
The power to raise prices is slipping from some of the biggest US food and packaged goods groups, threatening their sales growth even as...
