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

In its first public earnings call, ecommerce delivery platform Instacart (listed as MapleBear Inc.) reported revenues of $764 million, a 14% improvement from the same period last year.

WK Kellogg Co., the recently spun-off cereal business from the Kellogg Company, reported net sales fell by -2% to $692 million in Q3 during its first earnings report as an independent company yesterday.

Every winter NOSH’s annual “Best Of” Awards celebrates the companies, brands, individuals, products, ideas and trends that are transforming the better-for-you packaged food industry. The nominees for NOSH’s “Best Of 2023” Awards showcase the profound talent that can be found within the natural food industry.

In its Q3 earnings call, Beyond Meat announced sales declines as it continues to institute a plan to cut costs and prioritize growth after posting high single-digit revenue losses year-over-year.

In the latest episode of Elevator Talk, we feature leaders from Mighty Yum, Behave Candy, Chutni Punch, Lubini and Kanira. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week’s special co-host is Kari Pedriana, the co-founder and CEO of Green Spoon Sales, who shared her thoughts, questions and feedback with the participants.

Elevator Talk is returning to NOSH Live! Our Elevator Talk pitch series provides the opportunity to pitch your brand at NOSH Live, taking place in Marina del Rey on November 30 and December 1.

Ahold Delhaize is offloading its online New York City grocery delivery business FreshDirect to Turkish startup Getir, the company announced this morning.

The Hain Celestial Group saw net sales drop 3.3% in Q1 FY2024 (compared to a 2% drop in Q4 2023) as the impact of its Hain Reimagined strategy is being felt, said president and CEO Wendy Davidson in a statement.

Entrepreneurs have a love-hate relationship with the big CPG companies: they make fun of their lumbering approach to innovation and their distance from consumers, but they admire their distribution efficiency and crave their resources. At NOSH Live Winter 2023, attendees will hear from executives who are familiar with both ends of the industry spectrum.

Dive into all the with NOSH’s Weekly Briefing with all the top news from last week including Mondelez’s 15% Q3 Revenue Growth, Brynwood’s $750M Raise and DiGiorno’s turkey pizza.

Dirty Hands is expanding its range of client services in brokerage, merchandising and sales support with the acquisition of CPG sales consultancy firm Burgess Strategic Advisors.

In this week’s new products roundup, Magnolia Bakery teams up with Incredibles to create an “intoxicating” line of chocolate bars, Acid League gives consumers Shortcuts in the kitchen and MyMochi jumps on the pickle-flavored product trend.

Stellar Snacks is heading East. The Nevada-based pretzel brand and manufacturer announced this week it is readying a new 434,000 sq. ft. manufacturing space in Kentucky in order to meet growing pretzel demands, bring better quality manufacturing jobs to the region and streamline logistics for its East Coast business.

On this week’s show, the NOSH team ponders Eminem’s new CPG venture, Mom’s Spaghetti, and discusses why yet another cannabis company is switching focus to the hemp-derived THC market. We hear from Blue Zones Kitchen, to learn how the team translated a two decade-old diet and lifestyle into a new frozen CPG food line.