Hershey: Announces Q2 Results, Updates Outlook
Hershey / PA. (thc) The Hershey Company, a global leader in confection, announced sales and earnings for the second quarter ended July 3, 2016. Consolidated net sales were 1’637.7 million USD compared with 1’578.8 million USD for the second quarter of 2015. Reported net income for...
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Pinnacle Foods Reports Strong Second Quarter Results and Raises Guidance for the Year
Parsippany / NJ. (pf) Pinnacle Foods Inc. reported strong financial results for the second quarter ended June 26, 2016 and raised its guidance for the year. Strength of both the base business and the Boulder Brands acquisition fueled the results in the quarter, with Boulder Brands tracking...
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Ebro Foods: Net profit rises to 87.6 million EUR
Madrid / ES. (epg) Spanish Ebro Foods chalked up a net profit of 87.6 million EUR in the first half of 2016, up 46.6 percent year on year, boosted by the positive evolution of its core businesses and the extraordinary income generated on the sale of the Puerto Rico rice business and a property in...
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Mondelez: Reports Second-Quarter 2016 Results
Deerfield / IL. (mdlz) Mondelez International reported its second quarter 2016 results. «Despite a challenging macro environment, our strong execution and first-half performance give us confidence in delivering our 2016 outlook and 2018 margin targets», said Irene Rosenfeld...
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Grupo Bimbo: Reports First Half 2016 Results
Mexico City / MX. (gb) Grupo Bimbo S.A.B. de C.V. reported its results for the six months ended June 30, 2016. Financial... Read More
McDonald’s: Reports Second Quarter 2016 Results
Oak Brook / IL. (mdc) McDonald’s Corporation announced results for the second quarter ended June 30, 2016. «At McDonald’s, we are focused on meeting our customers’ needs for high quality, affordable food and beverage choices», said McDonald’s President and Chief Executive...
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DuPont Reports Second-Quarter 2016 Results
Wilmington / DE. (dp) E. I. du Pont de Nemours and Company – DuPont – a science company that brings world-class, innovative products, materials, and services to the global marketplace, announced second-quarter 2016 GAAP earnings of 1.16 USD per share and operating earnings...
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NPC International Announces Closing of Acquisition of 39 Wendy’s Units from the Wendy’s Company
Overland Park / KS. (npc) NPC International Inc. announced that it has completed the acquisition of 39 Wendy’s restaurants in the Raleigh-Durham metropolitan area, including four restaurants that were recently constructed by Wendy’s for 35.6 million USD, plus amounts for working capital...
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ConAgra Foods Completes Sales of JM Swank and Spicetec Flavors + Seasonings
Omaha / NE. (caf) ConAgra Foods Inc., one of North America’s leading food companies, announced the completion of two separate divestitures: the sale of its JM Swank business to Platinum Equity and the sale of its Spicetec Flavors + Seasonings business to Givaudan. Sean Connolly, president...
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Tiger Brands appoints new Chief Financial Officer
Johannesburg / ZA. (tbl) The Board of Tiger Brands Limited, the manufacturer of leading consumer branded products in South Africa, announced the appointment of Noel Doyle, who takes over from Funke Ighodaro as the new Chief Financial Officer (CFO) of the company. Noel, who is currently...
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