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
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.
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.