Inflation: latest news, insights and analysis | Checkout Magazine

Hershey Tops First Quarter Estimates On Higher Pricing

Hershey exceeded Wall Street expectations for first-quarter sales and profit on higher prices and steady consumer demand.

Monster beverage has reported a 12% jump in first-quarter sales on resilient demand for the company’s energy drinks and easing freight costs.

Activity in the Irish services sector expanded in April despite a slowdown in new business and job creation in the TMT sector.

Online retailer Ocado, discounter Lidl and supermarket Marks & Spencer were the UK’s fastest-growing grocers in the Q1.

Kraft Heinz missed Wall Street expectations for first-quarter sales as consumers pushed back on price hikes, it was reported on Wednesday.

Operating profits at farmer-owned dairy and grain co-op Tirlán were €63.3 million in 2023, down 5% year-on-year.

Grocery inflation in Ireland has fallen to 2.9% in the 12 weeks to 14 April 2024, according to up-to-date data from Kantar.

Beer can maker, Ball Corp, missed quarterly sales expectations on Friday as it was hit with slowing demand for its cans.