02 August 2024
02 August 2024
Once dismissed as a pseudo-medicine offering, these days sports nutrition is understood as a category worth showcasing.
It has been launched to “probe the tactics that big grocery chains use to hike prices and extract profits from everyday Americans at the checkout counter”.
The Reese’s owner’s confectionery sales fell in the second quarter, while salty snacks were more positive.
AllianceBernstein says price gaps have widened, although for in-house stocks the gap has narrowed.
Volumes are envisaged to keep improving but selective pricing still in play.
Kellanova forecasts organic net sales will grow 3.5% or more for the year, up from the prior outlook of about 3% or higher.
The fresh funding will create 44 new jobs in Kentucky at the pasta sauce facility.
Organic growth outlook maintained but analysts cut bets.
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