Earnings
Featured Earnings Content
Beyond: New $100M Investment Amid ‘Disappointing’ Q1
Beyond Meat reported its Q1 earnings yesterday afternoon with sales slipping 9.1% year-over-year and volume down 11.2% as the company plots a path forward with a new $100 million capital infusion.
General Mills Slashes FY 2025 Profit Forecast as It Doubles Down on Promotions
Despite posting better-than-expected Q2 results, Cheerios and Betty Crocker maker General Mills announced yesterday that it has lowered its profit outlook for fiscal 2025 as it implements short-term promotions to attract budget-conscious consumers.
Instacart Posts Strong Q2 Results As It Embraces Grocery Tech
Instacart’s core business has moved well beyond its origins in the gig-economy, third-party delivery space as it diversifies deeper into tech-based services. And those efforts appear to be paying off.
Additional Content
B&G Foods Considers More Asset Sales, Cuts 2024 Guidance (Again) After Mixed Q3 Results
B&G Foods, the maker of Ortega, Cream of Wheat, and Crisco, is considering the divestiture of “some or all of the assets” in its Green Giant frozen and vegetable business unit to improve margins and cash flow following mixed Q3 results.
Daily Briefing (Insiders Only): Snack Time Earnings
Halloween isn’t the only holiday this week… It’s also time for many publicly traded CPG companies to report Q3 earnings! Don’t be spooked by the arcane financial documents: we’ve done the heavy lifting and siphoned out some bite-sized insights.
Kraft Heinz Misses Q3 Estimates As Lunchables Struggles
The Kraft Heinz Company reported lower-than-expected net sales and income as volume struggles and consumer demand for key brands continued to decline in its third quarter.
Mondelēz Reports Strong Q3 Results Ahead of Upcoming Cocoa Price Pressure
Mondelēz International posted strong Q3 results yesterday as sales and volume growth remained steady amid a host of challenges including volatile cocoa prices and changes to consumer demand in the wake of continued high grocery costs.
Simply Good Foods: Optimistic Forecast After Positive FY 2024 Results
After a positive Q4, Simply Good Foods presented an optimistic outlook for the coming FY2025 with a continued restructuring of the Atkins brand and the further integration of OWYN into its portfolio.
Albertsons: Q2 Revenue Tops Estimates, But Competitive Headwinds Will Continue
Albertsons Companies surpassed analysts’ projections in reporting second-quarter net sales and other revenue of $18.6 billion today, up from $18.3 billion last year, propelled by an increase in digital sales and omnichannel shoppers.
PepsiCo: Food Sales Weigh Down Q3 Earnings
PepsiCo announced slow food brand sales dragged down its Q3 earnings as “business disruptions” to its international business lowered the company’s organic revenue growth outlook.
Conagra: Cost Inflation, Weak Demand and Manufacturing Disruptions Hamper Q1 Results
Against a backdrop of ongoing cost inflation and weakened consumer demand, Conagra Brands posted a 3.8% sales decline and a 3.5% drop in organic net sales during Q1 2025 in its quarterly earnings report released this morning.
UNFI Posts Double-Digit Q4 Sales Growth as Transformation Efforts Continue
United Natural Foods Inc. (UNFI) posted a 10% year-over-year increase in net sales to $8.2 billion during Q4 2024 amid the Health and specialty food distributor’s ongoing transformation efforts, according to an earnings report released this morning.
General Mills Bets on Bolt-Ons for Growth Following Q1 Sales, Profit Declines
After announcing the sale of its North American yogurt business last week, CPG giant General Mills plans to shift its focus to bolt-on acquisitions of “smaller size assets” to enhance growth, said chairman and CEO Jeff Harmening in today’s Q1 earnings report.