Shauna Golden

WK Kellogg Co reported a net sales decrease of 1.8% year-over-year to $640 million in Q4 2024 and a full-year net sales drop of 2% in its earnings release this morning.

Mondelēz International warned shareholders of a not-so-sweet 2025 fueled by “unprecedented cocoa cost inflation” while posting mixed Q4 2024 results in its earnings report yesterday.

PepsiCo will spend the year ahead restoring consumer demand for snacks and drinks in North America after facing revenue declines in Q4 2024, CEO Ramon Laguarta said in an earnings report today.

J.M. Smucker is continuing to cull its portfolio, announcing on Friday it has agreed to sell its Cloverhill and Big Texas value-positioned brands, as well as certain private label products, to JTM Foods, LLC in a deal valued at approximately $40 million.

After making a name for itself with lower-sugar gummy worms and ‘90s gross-out culture-inspired branding over the past 15 months, Rotten is expanding its portfolio with the launch of Gummy Cruncheez, a better-for-you take on the wildly popular (and successful) Nerds Gummy Clusters. The new innovation, a gummy ring covered in tart candy pieces, is… Read more »

Global confectionery giant Ferrero Group is venturing deeper into the better-for-you sector with the proposed acquisition of U.S.-based protein snack purveyor Power Crunch from Bio-Nutritional Research Group, Inc. Terms of the deal were not disclosed.

Roughly two years after splitting from Rollin’ n’ Bowlin’, snack platform realsy is doubling down on nontraditional distribution efforts for its nut butter-filled dates, securing deals with corporate campuses like Spotify North America HQ and professional sports teams like the Chicago Bulls.

Ready-to-eat meal purveyor Proper Good, Inc. announced today that it closed a $3.5 million funding round in the fourth quarter of 2024, backed by internal investors. The capital infusion will help fuel brick-and-mortar growth and increase household penetration.

Global private equity firm Advent International announced today it has agreed to acquire condiment, seasoning, and spice platform Sauer Brands from Falfurrias Capital Partners for an undisclosed sum.

Despite posting better-than-expected Q2 results, Cheerios and Betty Crocker maker General Mills announced yesterday that it has lowered its profit outlook for fiscal 2025 as it implements short-term promotions to attract budget-conscious consumers.