News for the baking industry
Seattle / WA. (sc) Starbucks Corporation reported financial results for its 13-week fiscal first quarter ended January 01, 2023. «Starbucks performance in Q1 demonstrates the strength and resilience of our business and accelerating demand for Starbucks Coffee all around the world,» said…
Malmo / SE. (aak) Swedish AAK Group (former AarhusKarlshamn AB) announced its interim report for the fourth quarter 2022 – a solid year with double-digit earnings growth driven by margin expansion. Q4-2022 AAK Group Total volumes decreased by 6 percent year-on-year to…
Dallas / TX . (bi) Brinker International Inc., a recognized leader in casual dining, announced results for the second quarter ended December 28, 2022. Second quarter fiscal 2023 financial Highlights: «Our results for the second quarter of fiscal 2023 were driven by a solid increase in…
Westerville / OH. (lc) Lancaster Colony Corporation reported results for the company’s fiscal second quarter ended December 31, 2022. Summary: Consolidated net sales increased 11.4 percent to a second quarter record USD 477.4 million versus USD 428.4 million last year. Retail net sales grew…
Chicago / IL. (mcd) McDonald’s announced results for the fourth quarter ended December 31, 2022. «Our «Accelerating the Arches» strategy is driving growth and building brand strength, delivering exceptional full year performance in 2022 with over 10 percent comparable sales growth and…
Chicago / IL. (mdlz) Mondelez International reported its fourth quarter and full year 2022 results. Highlights: Net revenues for the full year increased +9.7 percent driven by Organic Net Revenue growth of +12.3 percent with underlying Volume/Mix of +2.7 percent. For the fourth…
Houston / TX. (syy) Sysco Corporation, a leading global foodservice distribution company, announced financial results for its 13-week second fiscal quarter ended December 31, 2022. Key financial results for the second quarter of fiscal year 2023 include: Sales increased 13.9 percent…
Stockholm / SE. (axf) Sweden’s Axfood AB grew more than twice as much as the market in both the quarter and the full year, which further strengthened its position. This is evidence that Swedish consumers, who have less to spend due to historically high inflation, appreciate the Group’s…
Seoul / KR. (egg) Golden Hind Company Limited successfully opened its first global store of EggDrop, a Korean Premium Egg Sandwich Brand, in Siam, Bangkok, Thailand in December 2022. EggDrop Thailand Bangkok Flagship Store, the chain’s first global branch, is located in the…
London / UK. (ul) British Unilever PLC announced the appointment of Hein Schumacher as its new Chief Executive Officer, following an extensive, global search process. Hein will replace Alan Jope, who announced in September 2022 his intention to retire from Unilever. Hein is currently CEO of…
