Hershey / PA. (thc) The Hershey Company announced sales and earnings for the fourth quarter ended December 31, 2014. Consolidated net sales were 2’010’027’000 USD compared with 1’956’253’000 USD for Q4/2013. Reported net income for Q4/2014 was 202’508’000 USD.
Hershey / PA. (thc) Hershey agreed to acquire Krave Pure Foods, manufacturer of Krave jerky, a leading all-natural snack brand of premium jerky products. The transaction will allow Hershey to tap into the rapidly growing meat snacks category …
Oak Brook / IL. (mdc) The Board of Directors of McDonald´s Corporation announced that Don Thompson will retire as President and Chief Executive Officer and as a member of the Board of Directors after nearly 25 years of service to the company, effective March 01.
Oak Brook / IL. (mdc) McDonald´s Board of Directors declared a quarterly cash dividend of 0.85 USD per share of common stock payable on March 16, 2015 to shareholders of record at the close of business on March 02, 2015, the company said.
Dublin / IR. (gg) Greencore Group PLC issued its interim management statement for the period to 27 January 2015. The Group recorded revenue of 331.9 million GBP, an increase of 3.6 percent on the prior year on a reported basis and 4.4 percent on a like for like basis.
Pennsauken / NJ. (jj) J+J Snack Foods, a leading niche snack food and beverage company, announced sales and earnings for the first quarter ended December 27, 2014. Sales increased five percent to 212.8 million USD from 203.5 million USD in last year´s first quarter.
Washington / DC. (nra) U.S. America´s one million restaurants will continue to be a leading job creator in 2015, according to the NRA «2015 Restaurant Industry Forecast». The operating environment will remain challenging, but sales are expected to grow.
White Plains / NY. (bl) Bunge Limited announced the appointment of David G. Kabbes as General Counsel and Managing Director, Corporate Affairs, effective February 01, 2015. Kabbes will report directly to Soren Schroder, Chief Executive Officer, Bunge Limited.
St. Louis / MO. (pfh) Post Holdings Inc. has agreed to acquire privately-owned MOM Brands Company. MOM Brands is a leader in the ready-to-eat (RTE) cereal value segment, with over 95 years of experience in providing high quality RTE and hot cereal products.
Minneapolis / MN. (mb) MOM Brands Company announced that it has entered into a definitive agreement for the sale of the company to Post Holdings Inc. in a transaction valued at approximately 1.15 billion USD. The transaction is expected to close by Q3/2015.