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Food and beverage industry news.
Daily Briefing (Insiders Only): Here’s How Much Money You Should Be Making
Force Brands has released its 2025 Consumer Brands Salary & Market Trends report, offering an inside look at average compensations for coveted food and beverage roles. Here are the highlights.
Daily Briefing (Insiders Only): Hershey’s Snags Sour Strips Amid a ‘Mixed Bag’ of M&A Deals
The Hershey Company acquired candy brand Sour Strips late last week, only one day after posting less-than-stellar earnings that were weighed down by high cocoa prices and pressures across all business segments.
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Flowers Foods Gears Up For Bakery Category Headwinds
Flowers Foods posted solid Q3 performance despite reporting a net sales decrease of 0.7% to $1.19 billion as positive pricing more than offset volume declines.
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.
New Products: Heyday Canning’s Cranberry Sauce & Happiness Foods’ Sprouted Pumpkin Seeds
In this week’s notable new products roundup, Heyday Canning Co. adds a limited-edition cranberry sauce to its portfolio of pantry staples, Happiness Foods hits the market with a line of flavored sprouted pumpkin seeds, and The People’s Provisions unveils a quartet of small-batch condiments.
Weathering The Storm: Hurricane Helene’s Impact On CPG
In the wake of Hurricane Helene’s devastating impact, we spoke with a handful of brands from North Carolina to hear how they are rebuilding from loss through communal support and entrepreneurial resilience.
WK Kellogg Leans Into Promos and Price-Pack Architecture For Growth
WK Kellogg reported an expected net sales decrease of 0.4% year-over-year during Q3 and marked its first full year since spinning off as an independent company.
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.
CPG Week: Celsius Goes Vertical And M&A Trends
On CPG Week, the podcast team talks about Celsius’ aspirations to go vertical and a variety of smaller acquisitions across food that nod to trends in M&A markets.
SunOpta Posts Strong Q3 Earnings Across All Categories
SunOpta reported strong, volume-driven revenue growth in Q3, according to its latest earnings released on Tuesday.