Headlines

Kraft Heinz’s top four segments each underperformed against category averages as net sales fell 4.1% and organic net sales dropped 3.1% in Q4, according to an earnings report released Wednesday. Full-year sales fell 3% alongside a 3.5% drop in volume even as the company bumped pricing up 1.4%, on average.

On this episode of CPG Week, the team explores how the convenience channel is offering fresh opportunities and new challenges to food and beverage brands.

Food technology company Oobli has aligned with ingredient supplier Ingredion in a deal that will help scale its operations and client base and support new product development.

Oatly CEO Jean-Christophe Flatin predicted that the Swedish plant milk business will have its first year of profitable growth since going public in 2025, praising the company’s efforts to improve its supply chain and overhead structure during its Q4 and full year 2024 earnings report this morning.

The latest episode of Elevator Talk features leaders from Breakin Snacks, Little Latke, Pink Salt, beituti and Smoodies. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. Our special co-host is Caroline Grace, the founder & CEO of Product & Prosper, who shared her thoughts, questions and feedback with the participants.

The year is barely underway, and already several significant deals struck in the packaged food sector provide reason for optimism after a tough period on the financing front. While some industry watchers anticipate the pace of transactions to accelerate, others expect strategic acquirers and investors to remain prudent and disciplined. “We see investors are being… Read more »

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.

Olyra turned its discontinuation from Publix into an insight engine, enabling the brand to rechart growth in the natural channel while better aligning its retail aspirations.

How is General Mills bulking up its innovation pipeline? A new brand by the conglomerate – Lofty Eats – appeared to be gearing up to launch a full set of protein-enhanced foods made from a handful of natural-leaning ingredients.

In this distribution roundup, Hero Bread hits Whole Foods nationwide, Sauz expands into Sprouts, and Lotus Foods partners with Walmart.