News
Food and beverage industry news.
‘A Wildcard’: Hormel Lowers Full Year Outlook, Citing Weak International Performance
Hormel Foods today lowered its net sales guidance for the full year to the low single-digit range citing unfavorable pork and turkey commodity markets and weakened demand in China.
Campbell’s: Betting On Snacks, Sovos Deal To Buoy Margins
Campbell’s Q4 results exemplified the company’s emphasis on its snack brands with an eye towards how it expects the Sovos acquisition might grow margins in the Meals category for the coming year.
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The NOSH Podcast: Gather-ing New Routes to Market
This week the team waffles between the ways GF brands are cooking up new breakfast lines, discuss the impending auction of Cali’flour Foods and later, Mia Medina, founder and CEO of Gather Brands discusses the current retail environment.
Where Will Instacart Go After The IPO? Grocery Experts Weigh In
Instacart’s IPO filing last week signaled many things – a bit of upward momentum in the overall IPO market, inklings of the potential direction e-grocery is heading and an unexpected, developing relationship with PepsiCo. But questions still remain about the future direction of the grocery-tech giant’s growth.
ONE Brands Puffs Up Product Portfolio With Debut of Salty Snacks
Although ONE Brands may be known for its low-sugar, high-protein bars, the company is seeking to expand to new occasions with the launch of its newest innovation, ONE Puffs. The product release marks the company’s first foray into the salty snack space.
Products, Processes and Positioning: Inside Cappello’s Push to Profitability
Cappello’s has been in business for over a decade, but the premium frozen food maker is still evolving, according to founder and CEO, Ben Frohlichstein.
Notable New Products: Apple Cider Donut Cashews & DK Metcalf-inspired Coffee
In this week’s notable new products roundup, Planters looks to a classic fall treat for flavor inspiration, Volcanica scores a touchdown with Seattle Seahawks wide receiver DK Metcalf and Beekeeper’s Naturals makes its Walmart debut with its new functional lollipops.
Instacart Files IPO on Nasdaq
Instacart filed for its initial public offering (IPO) on Friday, as the grocery delivery leader aims to create a “truly omni-channel experience” across physical and online stores.
Challenge Accepted: Brazi Bites Launches TikTok Inspired Waffles
Having found room to create a burgeoning platform brand within the frozen food set, Brazi Bites now has its sights set on breakfast. .
The NOSH Podcast: Big Company Learners to Emerging Brand Leaders
This week the team chats with two newly minted NOSH Notables who reflect on their decades in the industry, share the advice (good, bad and even ignorable) that has shaped their leadership styles and recount important lessons any emerging business builder can learn from.