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
Vital Farms: Egg Capacity Expansion ‘On Track’; Tariffs Will Cause Price Hikes for Retailers
Though avian flu cases have steadily declined over the past few months, there’s still no relief in sight for egg prices. Vital Farms, the largest U.S. producer of pasture-raised eggs, announced upcoming price increases in its Q1 2025 earnings report yesterday.
Daily Briefing (Insiders Only): Week-End Insights, Earnings Edition
The quarterly reports continue to roll in and our team has had an ear to the conference calls all week, parsing out profits from puffery. Here’s a rundown of what we’ve learned about the state of CPG over the past week (or so):
Laird Keeps Growth Streak Running in Q1, Despite Out-of-Stock Pains
A year after Laird Superfood announced the beginning of its “Return to Growth” story, the wellness brand touted its fifth consecutive quarter of double-digit sales gains powered by brick-and-mortar expansion and heightened Amazon sales in its Q1 2025 earnings report yesterday.
Hain Ousts CEO, Initiates Strategic Review
For the second time in two years, Hain Celestial is once again changing its leadership team and initiating a strategic portfolio review after reporting Q3 net sales dropped 11%.
Hershey: Success in North America Salty Snacks Softens Sales Declines
The Hershey Company posted a 13.8% year-over-year net sales decrease to $2.8 billion during the first quarter in its earnings release this morning, though the decline was softer-than-expected thanks to growth in its North America Salty Snacks segment.
Inside Kraft Heinz’s Plan to ‘Play Offense With Discipline’
Kraft Heinz downgraded its full-year sales outlook, citing “uncertain times” characterized by softer consumer demand in North America and looming tariffs.
PepsiCo Lowers Full-Year Forecast As Consumer Confidence Declines
PepsiCo lowered its full-year earnings forecast, citing declining consumer confidence and tariff-induced increases in supply chain costs as major hurdles to growth.
‘Our Mojo Is Back’: Albertsons Expects ‘Gradual and Incremental’ Top Line Improvements in Grocery
Following its failed mega-merger with Kroger, Albertsons Companies, Inc. is entering fiscal 2025 with positive momentum and expectations that it will improve top-line trends in its grocery business in the back half of the year.
Simply Good Foods: ‘Mainstreaming of Consumer Demand for High Protein’ Boosts Q2 Earnings
In its second quarterly earnings report since acquiring OWYN, The Simply Good Foods Company (SGFC) posted double-digit net sales gains fueled, in part, by the “mainstreaming of consumer demand” for high-protein, low-sugar, low-carb foods and beverages. “With a diversified portfolio of three uniquely positioned brands aligned with these consumer megatrends, we believe Simply Good is… Read more »
Conagra Brands: Sales, Profits Slip Amid ‘Discrete’ Supply Chain Constraints
Against a backdrop of lagged shipments and “discrete” supply chain constraints, Conagra Brands posted net sales and gross profit declines during Q3, according to its quarterly earnings report released today.