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Month: November 2019

Market + Management

Lancaster Colony: Reports Q1-2020 Sales And Earnings

5 November 201927 September 2020

Westerville / OH. (lc) Lancaster Colony Corporation reported results for the company’s fiscal first quarter ended September 30, 2019. Highlights for the quarter are as follows: Consolidated net sales increased 6.4 percent to a first quarter record USD 337.1 million versus USD 316.7 million last…

Persons + Honours

McDonald’s: Announces Leadership Transition

4 November 20194 November 2019

Chicago / IL. (mdc) McDonald’s Corporation announced that its Board of Directors has named Chris Kempczinski, most recently President, McDonald’s USA, as President and Chief Executive Officer, effective immediately. Kempczinski has also been elected to the McDonald’s Board of Directors…

Persons + Honours

McDonald’s: Names New Leader for U.S. Business

4 November 20194 November 2019

Chicago / IL. (mdc) McDonald’s Corporation announced that Joe Erlinger, most recently President, International Operated Markets, has been appointed President, McDonald’s USA, effective immediately. Erlinger’s appointment follows the recent appointment of Chris Kempczinski as…

Global Industry

B+G Foods: Reports Q3-2019 Financial Results

4 November 20193 November 2019

Parsippany / NJ. (bgs) B+G Foods Inc. announced financial results for the third quarter and first three quarters of 2019. Financial results for the third quarter and first three quarters of 2019 reflect the impact of the divestiture of Pirate Brands during the fourth quarter of 2018 and the acquisitions…

Global Industry

ADM: Reports Third Quarter 2019 Financial Results

4 November 20193 November 2019

Chicago / IL. (adm) Archer Daniels Midland Company (ADM) reported financial results for the quarter ended September 30, 2019. «We delivered solid third quarter results, consistent with the perspectives we provided last quarter, despite a difficult external environment,» said Chairman and CEO Juan…

Global Industry

Ingredion: Reports Third Quarter 2019 Results

2 November 20192 November 2019

Westchester / IL. (ingr) Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, reported results for the third quarter 2019. The results, reported in accordance with U.S. generally accepted accounting principles (GAAP) for 2019 and 2018, include items that…

Market + Management

Hudson Group: Enters Agreement to Acquire OHM

2 November 20192 November 2019

East Rutherford / NJ. (hud) Hudson Group, a leader in North American travel retail, announced that it has signed an agreement to acquire a controlling stake in the assets of OHM Concession Group LLC, an award winning food and beverage concessions operator in North America. The addition of…

Global Industry

Starbucks: Reports Q4 and FY Fiscal 2019 Results

1 November 20191 November 2019

Seattle / WA. (sc) Starbucks Corporation reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September 29, 2019. GAAP results in fiscal 2019 and fiscal 2018 include items which are excluded from non-GAAP results. «I’m very pleased with our strong finish to…

Global Industry

Yum! Brands: Reports Strong Q3-2019

1 November 20191 November 2019

Louisville / KY. (yb) Yum! Brands Inc. reported results for the third-quarter ended September 30, 2019. Worldwide system sales excluding foreign currency translation grew 8 percent, with 7 percent net-new units and 3 percent same-store sales growth. Third-quarter GAAP EPS was USD 0.81, a decrease…

Global Industry

Dr. Schär: launches sales offices in Argentina and Turkey

1 November 20191 November 2019

Burgstall / IT. (ds) Dr. Schär AG, European market leader for gluten free nutrition and dietetic foods, is further expanding its international partnerships with two new branches in Argentina and Turkey. The aim of the manufacturer is to establish the Schär subsidiary brand in the premium segment of…

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