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: Natural Products Business, Efficiencies Boost Q2 Sales
United Natural Foods Inc. (UNFI) reported today a 4.9% year-over-year net sales increase to $8.2 billion in Q2, fueled by natural product growth and larger wholesale unit volumes.
B&G Foods Emphasizes Commitment to Portfolio Restructuring After $222M Q4 Net Loss
B&G Foods is doubling down on its portfolio reshaping efforts, seeking to build a “stable platform” for future growth after posting a Q4 net loss of $222.4 million in its earnings report yesterday.
Instacart Shares Fall As Investors Shy Away From Slow-Growing Grocery
Instacart’s strong Q4 and full-year performance was not enough to soothe investor and analyst fears about the slow growth set to capture the grocery industry in 2025 as shares were down 9.66% to $44.04 per share today in mid-morning trading.
Kraft Heinz “Contemplates” Base Price Actions As Q4 Sales Drop
Kraft Heinz’s top four segments each underperformed against category averages as net sales fell 4.1% and organic net sales dropped 3.1% in Q4, according to an earnings report released Wednesday. Full-year sales fell 3% alongside a 3.5% drop in volume even as the company bumped pricing up 1.4%, on average.
Oatly: Company Projects First Profitable Year as Public Company
Oatly CEO Jean-Christophe Flatin predicted that the Swedish plant milk business will have its first year of profitable growth since going public in 2025, praising the company’s efforts to improve its supply chain and overhead structure during its Q4 and full year 2024 earnings report this morning.
WK Kellogg: ‘Challenging’ Business Environment Drags Q4 Sales
WK Kellogg Co reported a net sales decrease of 1.8% year-over-year to $640 million in Q4 2024 and a full-year net sales drop of 2% in its earnings release this morning.
Daily Briefing (Insiders Only): Uncertainty Plagues Food Makers In 2025
Big Food is bracing for a tough year after various company leaders signaled lower-than-expected growth during a handful of quarterly reports over the past week.
Post Holdings: Bird Flu Means Uncertainty, Consumer Portfolio Dips in Q1 Earnings
Bird flu is expected to create sourcing and pricing issues for Post Holdings, the company announced during its Q1 earnings call this morning, as two of its third-party farm partners were hit by the disease last month and uncertainty continues to rock its supply stability.
Flowers Foods: Volumes Down, Income Up In ‘Mixed’ Q4 Results
Amid the impending acquisition of Simple Mills, Flowers Foods reported “mixed” Q4 and FY2024 earnings as it goes deeper in better-for-you baked goods.
Hershey Hedges Against Cocoa Constraints As It Eyes Price-Pack Innovation
The Hershey Company beat analyst revenue and earnings expectations at a time when chocolate makers in particular are facing a constrained supply chain and consumer spending environment.