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
Stryve Makes Strides In Margin Improvement, Closes $2.9M Equity Raise
Stryve Foods achieved continued revenue growth and improved gross margins, along with reduced operating expenses, in the third quarter.
Instacart: Deepened Retailer Integrations Fuel Strong Q3 Results
Grocery delivery giant Instacart posted strong growth in Q3 as deepened integrations with its partner retailers “strengthened [its] entire ecosystem,” according to the company’s latest shareholder letter released yesterday.
TreeHouse Foods: ‘Mixed’ Q3 Results As Consumer Market Softens
TreeHouse Foods posted a net sales decline of 2.8% to $839.1 million and pared down its full-year 2024 forecast as the manufacturer attempts to recapture the opportunity in private-label.
Flowers Foods Gears Up For Bakery Category Headwinds
Flowers Foods posted solid Q3 performance despite reporting a net sales decrease of 0.7% to $1.19 billion as positive pricing more than offset volume declines.
WK Kellogg Leans Into Promos and Price-Pack Architecture For Growth
WK Kellogg reported an expected net sales decrease of 0.4% year-over-year during Q3 and marked its first full year since spinning off as an independent company.
Hershey Blames Not-So-Sweet Q3 Earnings on High Cocoa Prices, Pressure Across All Segments
The Hershey Company announced today it has downgraded its fiscal year 2024 guidance after high cocoa costs and increased pressure across all segments dragged down its third-quarter earnings.
SunOpta Posts Strong Q3 Earnings Across All Categories
SunOpta reported strong, volume-driven revenue growth in Q3, according to its latest earnings released on Tuesday.
B&G Foods Considers More Asset Sales, Cuts 2024 Guidance (Again) After Mixed Q3 Results
B&G Foods, the maker of Ortega, Cream of Wheat, and Crisco, is considering the divestiture of “some or all of the assets” in its Green Giant frozen and vegetable business unit to improve margins and cash flow following mixed Q3 results.
Daily Briefing (Insiders Only): Snack Time Earnings
Halloween isn’t the only holiday this week… It’s also time for many publicly traded CPG companies to report Q3 earnings! Don’t be spooked by the arcane financial documents: we’ve done the heavy lifting and siphoned out some bite-sized insights.
Kraft Heinz Misses Q3 Estimates As Lunchables Struggles
The Kraft Heinz Company reported lower-than-expected net sales and income as volume struggles and consumer demand for key brands continued to decline in its third quarter.