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
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.
Flowers Foods Down in Q1 Amid Bread Category Pressures
After its $795 million purchase of Simple Mills in January, Flowers Foods, Inc. reported a net sales dip in its Q1 2025 earnings report today as poor price/mix and negative volume sales offset the gains from the acquisition. Net sales were down 1.4% to $1.5 billion – of which $24.3 million came from Simple Mills – and net income fell 27.4% in the quarter to $53 million.
Lifeway Continues Growth Streak in Q1 on Back of Drinkable Kefirs
Leading U.S. kefir brand Lifeway Foods had its 22nd consecutive quarter of year-over-year growth, with net sales up 3.3% to $46.1 million, in its Q1 2025 earnings report this morning.
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.