bakenet:eu – News for the baking industry

Hershey / PA. (thc) The Hershey Company is further expanding its position as a snacking category leader, announcing minority investments in emerging snacking businesses FulFil Holdings Limited and Blue Stripes LLC. C7 Ventures, Hershey’s venture model, provides the company with new avenues...

Walmart Inc.: Releases Q2 FY-2020 Earnings

Wednesday, 21. August 2019

Global Industry

Bentonville / AR. (wama) Walmart Inc. announced its financial results for the second quarter of fiscal 2020 – the 13 weeks that ended on July 26, 2019. Walmart U.S. Q2/2019 comparable sales grew 2.8 percent and Walmart U.S. eCommerce sales grew 37 percent. The company reports Q2/FY20...

Lancaster Colony: Names Foodservice Division President

Wednesday, 21. August 2019

Persons + Honours

Westerville / OH. (lc) Lancaster Colony Corporation is pleased to announce the addition of Kristin Bird to its senior leadership team as President of T. Marzetti Company’s Foodservice Division. In her new role, Bird will be responsible for the overall management of the Foodservice Division including...

GfK: Smart speakers generate less enthusiasm

Tuesday, 20. August 2019

Trends + Concepts

New York / NY. (gfk) Today’s shoppers have a growing digital toolkit for researching and buying – and they are developing clear favorites among the options at their disposal. New insights from GfK’s «FutureBuy» show that augmented reality (AR) and subscription services are among the...

Flowers Foods: President And CEO Now Member Of The Board

Tuesday, 20. August 2019

Persons + Honours

Thomasville / GA. (ff) Flowers Foods Inc., producer of Nature’s Own, Wonder, Tastykake, Dave’s Killer Bread, and other bakery foods, announced that its board of directors has elected Flowers Foods President and CEO Ryals McMullian as a director. The election is effective immediately and...

Hostess Brands: Announces Closing of Public Offering

Tuesday, 20. August 2019

Market + Management

Kansas City / MO. (twnk) Hostess Brands Inc., one of the largest manufacturers and marketers of sweet baked goods in the United States including «Twinkies», «Ding Dongs», «Ho Hos», «Donettes» and a variety of new and classic treats, announced the closing of a public offering of 12 million shares of...

FAT Brands: Reports Fiscal Q2-2019 Financial Results

Monday, 19. August 2019

Global Industry

Los Angeles / CA. (fbb) FAT Brands Inc., parent company of Fatburger, reported fiscal second quarter 2019 financial results for the 13-week period ending June 30, 2019. Andy Wiederhorn, President and CEO of FAT Brands, commented, «We are pleased to report that the considerable growth in...

Baskin-Robbins To Develop 10 Shops In Upstate New York

Monday, 19. August 2019

Market + Management

Canton / MA. (db) Baskin-Robbins, the world’s largest chain of ice cream specialty shops under the wings of Dunkin’ Brands Group Inc., announced the signing of a multi-unit agreement to develop 10 new locations across Upstate New York, including in Syracuse and the Southern Tier, in...

Brinker International: Reports Fiscal Q4-2019 Results

Saturday, 17. August 2019

Global Industry

Dallas / TX . (bi) Brinker International Inc., a recognized leader in casual dining, announced results for the fiscal fourth quarter and year ended June 26, 2019. Highlights include the following: Earnings per diluted share, on a GAAP basis, in the fourth quarter of fiscal 2019 increased 20.8 percent to...

Domino’s U.S.: Launches National E-Bike Program

Saturday, 17. August 2019

Market + Management

Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world based on global retail sales, knows a thing or two about pizza delivery, including the fact that cars aren’t always the most efficient way to get hot, delicious pizzas to hungry customers. A bike is often a better solution...

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Hershey: invests in emerging snacking businesses

Walmart Inc.: Releases Q2 FY-2020 Earnings

Lancaster Colony: Names Foodservice Division President

GfK: Smart speakers generate less enthusiasm

Flowers Foods: President And CEO Now Member Of The Board

Hostess Brands: Announces Closing of Public Offering

FAT Brands: Reports Fiscal Q2-2019 Financial Results

Baskin-Robbins To Develop 10 Shops In Upstate New York

Brinker International: Reports Fiscal Q4-2019 Results

Domino’s U.S.: Launches National E-Bike Program

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