North America

PepsiCo Posts Surprise Drop In Quarterly Revenue And Cuts Sales Forecast

PepsiCo posted a surprise drop in third-quarter revenue and cut its forecast for annual sales growth as cautious spending hurt demand.

Barry Callebaut has halted production at one of its Mexican plants after it found that it did not meet quality standards.

Nestlé lowered its sales outlook on Thursday, slowing the pace of price hikes sooner than hoped due to increasingly cost-conscious consumers.

Coca-Cola raised its annual organic sales and profit forecast on Tuesday, signalling strong demand for the company’s products.

Kleenex tissue maker Kimberly-Clark raised its forecast for full-year profit on Tuesday after beating Wall Street estimates for Q2 profit.

Valeo Foods has completed the acquisition of Appalaches Nature, a Canadian maple syrup business based in Québec.

Tony O'Reilly has passed away at the age of 88. Steve Wynne-Jones recounts the late businessman's retail, sporting and life achievements.

Pernod Ricard has appointed Conor McQuaid as CEO of North America (USA & Canada), effective 1 January 2024.

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