Shauna Golden
Posts by Shauna Golden
J.M. Smucker Raises FY 2025 Guidance on Strong Uncrustables, Jif Performance
The J.M. Smucker Co. announced today it has upgraded its full-year 2025 guidance after strong sales across Uncrustables, Jif, and Café Bustelo brands offset the underperformance of Hostess in its second-quarter earnings.
MUSH Bulks Up Portfolio With Protein Bars
Just months after the debut of its kids pouch line, MUSH is bringing its core overnight oats product into another on-the-go format: protein bars, launching exclusively at Whole Foods Market stores nationwide.
Lolli & Pops Acquires Hammond’s Candies
TerraMar Capital-backed Lolli & Pops announced today it has acquired fellow Denver, Colo.-based candy producer Hammond’s Candies for an undisclosed sum. According to the announcement, the transaction marks a significant milestone in Lolli & Pops’ growth strategy that has been underway since it was purchased by TerraMar in 2020.
Instacart: Deepened Retailer Integrations Fuel Strong Q3 Results
Grocery delivery giant Instacart posted strong growth in Q3 as deepened integrations with its partner retailers “strengthened [its] entire ecosystem,” according to the company’s latest shareholder letter released yesterday.
Toronto-Based Happy Wolf Bulks Up U.S. Retail Presence With Whole Foods Launch
Canadian kids refrigerated bar startup Happy Wolf is expanding its retail presence in the U.S. with a new launch in Whole Foods Market stores up and down the East Coast, the Midwest and the Southwest. The new partnership brings the brand’s total nationwide door count from 120 to 450.
Hershey Acquires Sour Strips to ‘Relentlessly Accelerate’ Growth in Sweets
The Hershey Company announced today it has acquired sour candy brand Sour Strips, expanding the snacking and confectionery giant’s growing sweets portfolio. Financial terms of the deal were not disclosed.
Hershey Blames Not-So-Sweet Q3 Earnings on High Cocoa Prices, Pressure Across All Segments
The Hershey Company announced today it has downgraded its fiscal year 2024 guidance after high cocoa costs and increased pressure across all segments dragged down its third-quarter earnings.
B&G Foods Considers More Asset Sales, Cuts 2024 Guidance (Again) After Mixed Q3 Results
B&G Foods, the maker of Ortega, Cream of Wheat, and Crisco, is considering the divestiture of “some or all of the assets” in its Green Giant frozen and vegetable business unit to improve margins and cash flow following mixed Q3 results.
‘A Massive Opportunity’: Inside Drumroll’s Plans to Expand in the Natural Channel With New Funding
Amidst accelerated growth, refrigerated donut brand Drumroll Snacks is seeking to further expand its distribution footprint in the natural channel with the support of a recent $3 million investment from CPG brand incubator 7 Mile Brands.
Better Sour Inks Deal with Disney, Launching ‘Moana 2’-Inspired Passion Fruit Gummies
Better Sour announced today it has partnered with Walt Disney Animation Studios to launch a new Passion Fruit flavor of its sour gummies featuring “Moana 2”-inspired packaging, marking the brand’s first single-flavor SKU.