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
Philadelphia, Primal Kitchen Drive Gains as Kraft Heinz Weighs What’s Next
Kraft Heinz didn’t dive into rumors on today’s earnings call that it may be the latest food conglomerate to divide up and sell off certain business segments, but it did make an effort to reassert its confidence in the company’s future.
Hershey: Cocoa Pricing Dominates Q2 Earnings, Outlook
The Hershey Company reported Q2 net sales growth, while net income and adjusted EPS both declined amid a “volatile” cocoa pricing market.
Mondelēz Signals New Wave of Price Hikes Amid ‘Unprecedented’ Cocoa Inflation
Rising sales in Europe helped offset weak domestic demand for Mondelēz International’s chocolate and biscuit products during the second quarter.
Oatly Reboots Growth Strategy as North America Revenue Slides; Considers China Business Carve-Out
A double-digit revenue jump in Oatly’s International & Europe segment helped offset soft consumer demand in North America during the second quarter.
Simply Good Foods: Protein Portfolio ‘On The Forefront Of Generational Shift’
In its Q3 earnings, The Simply Good Foods Company reported the strength of its protein-forward portfolio, driven by the Quest and OWYN brands, despite the continued revitalization of Atkins.
General Mills Seeks to Restore Volume-Driven Sales Growth After Mixed Q4
Against a “challenging consumer backdrop” and mixed Q4 earnings results, General Mills said it will spend fiscal 2026 investing in greater value for shoppers.
Kroger: Closing 60 Stores Under ‘Core Business Focus’
Amid a gross margin increase, Kroger announced the closing of 60 “underperforming” stores in the next eighteen months as it prioritizes capital allocation.
UNFI Shipping On ‘Limited Basis’ Following Security Breach
Wholesale distributor UNFI is shipping on a “limited basis” in the wake of last week’s cyberattack, executives said during an earnings call today to discuss third-quarter financial results.
Stinky Twinkie: Hostess Drags on Smucker’s Q4 Sales
The J.M. Smucker Co. announced sales were down to $2.1 billion in Q4, a decline of 3% year-over-year as sweet snack sales stagger.
Campbell’s: Organic Sales Return to Growth As Consumers Cook at Home More, But Snacks Struggle
The Campbell’s Company managed to grow organic net sales in Q3 after three straight quarters of declines, but its snack segment continues to struggle as cash-strapped consumers are “increasingly intentional” about spending in the category.