Food Industry News, Insights, and Education for the CPG Community

The Campbell Soup Company posted solid third-quarter earnings this morning, beating analyst expectations as net sales increased 6% driven by the Sovos Brands acquisition and integration.

In less than two months since abruptly shutting down all stores, declaring bankruptcy and auctioning off some assets of the combined parent company, Outfox Hospitality, it appears Foxtrot may soon saunter back into Chicago.

Health and specialty food distributor United Natural Foods Inc. (UNFI) posted a 0.1% decrease in net sales to $7.5 billion during Q3 2024 in an earnings release this morning amid the company’s ongoing business transformation efforts. “We delivered another quarter in line with our fiscal 2024 plan and our third consecutive quarter of improving profitability… Read more »

Consolidation is coming to the plant-based alternative space… or at least that is the category direction U.K.-based Wicked Kitchen is banking on. The company announced today it has joined plant-based conglomerate platform Ahimsa Companies.

The club business continues to capture consumers on price, according to Costco’s latest earnings results. The club store chain reported net income of $1.68 billion during Q3 2024.

Through its proprietary manufacturing process that smokes chips at scale, Low and Slow Snacks believes it has found the recipe for success in disrupting the barbecue chip category.

Julian Rose sees an opportunity to elevate the chocolate edibles category through superior ingredients and quality.

As online marketing and ecommerce have radically changed the playbook for brands, CPG strategy firm PLTFRM is aiming to provide a new “operating system” for modern startups, and now it’s expanding its retail and marketing services to new channels and new industries.

In this week’s notable new products roundup, ZENB makes its first foray into the ramen category, Wholly Guacamole hopes to bridge the gap between tableside and at-home guacamole, and Oat Haus takes inspiration from warm berry crumble for its newest granola butter flavor.

The aptly named pasta sauce brand is aiming to reinvent the jarred tomato sauce category with ‘innovative, flavor-forward SKUs.’

Get ready for our June Community Calls! This month, discover how to boost sales and brand awareness on Amazon, and find out how to grow your food or beverage business with DSD for optimal product placement and cash flow. Our June calls are free and open to the public – just register in advance and mark your calendar.

Aiming to enliven the whipped cream category, Whipnotic’s patented nozzle technology is helping the brand open new opportunities in both conventional and natural channel retailers.

The CPG Week podcast team talks about how artificial intelligence is creeping further into all aspects of food and beverage, why granola is having a moment, and the resurrection of soda brand Slice.

This episode is the first in a special series in which we examine the state of Black food and beverage entrepreneurship within the CPG landscape. The series highlights conversations on various aspects of the challenges felt by all entrepreneurs filtered through the experience of Black founders.