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Did You Know?... 5 November, 2019

Published on Nov 5 2019 10:00 AM

Did You Know?... 5 November, 2019

Did you know?...  Nestlé has announced that it has opened its first Gerber NutriPuffs cereal snacks plant in the Shuangcheng District in China, reports ESMMagazine.com. The food giant has invested around CHF 14 million (€12.7 million) in the state-of-the-art facility that is equipped with fully automated canning and packaging lines imported from the UK, USA, and Switzerland.

Did you know?... Pizza Hut and KFC parent Yum Brands Inc has reported quarterly profit below market expectations, hurt by poor performance at GrubHub Inc, the food delivery platform the restaurant operator bought a stake in a year ago, according to Reuters. Shares of Yum fell 6% after the company reported quarterly same-store sales below estimates.

Did you know?... McDonald's has issued an apology for a Halloween marketing campaign that used the term "Sundae Bloody Sundae" to promote a dessert in Portugal. The fast food chain received complaints when photos using the term were shared on social media, due to the fact that Bloody Sunday refers to a day when 13 people were shot dead in Northern Ireland during the troubles, as reported by bbc.com.

Did you know?... Dunkin' Brands Group Inc has reported a better-than-expected quarterly profit on lower costs and raised its forecast for 2019, betting on investments to improve delivery and add new menu items to boost growth, reports Reuters. The company has been pushing into premium coffees that are sold at affordable prices compared with Starbucks Corp as it steps up to gain market share in an extremely competitive breakfast segment.

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