1 month ago
Buying a stock in the hopes of holding it for 20 years or longer can be a difficult task. Warren Buffett likes to say his favorite holding period is "forever," but his trading history shows he has sold holdings, even after owning them for decades.
Knowing that, investors should look for holdings with the potential to survive and thrive for decades. Fortunately, investors have plenty of options, and these three well-established consumer staples stocks should stand out.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The public knows PepsiCo (NASDAQ: PEP) best for its flagship cola. Nonetheless, the company owns numerous well-known beverage and food brands, including Gatorade, Mountain Dew, Tostitos, and Quaker.
Its stock had suffered in recent years as the public turned against unhealthy beverages and packaged foods. PepsiCo has since pivoted, emphasizing healthier ingredients in its products and buying brands such as Siete to bolster this reputation.
#investors #holdings
Knowing that, investors should look for holdings with the potential to survive and thrive for decades. Fortunately, investors have plenty of options, and these three well-established consumer staples stocks should stand out.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The public knows PepsiCo (NASDAQ: PEP) best for its flagship cola. Nonetheless, the company owns numerous well-known beverage and food brands, including Gatorade, Mountain Dew, Tostitos, and Quaker.
Its stock had suffered in recent years as the public turned against unhealthy beverages and packaged foods. PepsiCo has since pivoted, emphasizing healthier ingredients in its products and buying brands such as Siete to bolster this reputation.
#investors #holdings
1 month ago
TikToker Kenni Lee (relatablekenni) shared a strange night out that left her questioning a stranger's intentions. Lee said a woman approached her group after one of Lee's friends had stepped away. The woman then invited Lee alone to the dance floor. Lee said the woman quickly focused on another man instead.
Lee said a friend later pulled Lee away after noticing the strange interaction.. The woman returned and claimed the man had tried to traffic her. Lee said she found the claim confusing, since she had seen the two of them interacting closely just before. The woman later offered to buy Lee a drink, but Lee insisted on getting it herself.
Lee said she barely drank the beverage before giving it to her friends. Later, the woman asked Lee and her friends to walk her to her car. The group walked through an alley before the woman said she could not find it. She then pointed to a dark residential street far from the nightlife area.
Lee said her friends refused to continue because the location felt suspicious. The woman then claimed she needed a bathroom and walked behind a large truck. Lee said the woman did not actually use the bathroom before returning. Moments later, a white Tesla pulled up and asked where everyone was going.
According to Lee, the woman then entered the stranger's car, despite her earlier claims of fear. Lee questioned the driver, who said he came from the Bay Area. The woman immediately said she came from the Bay Area too, according to Lee. Lee then gave her a backup number and stayed on the phone temporarily.
#according
Lee said a friend later pulled Lee away after noticing the strange interaction.. The woman returned and claimed the man had tried to traffic her. Lee said she found the claim confusing, since she had seen the two of them interacting closely just before. The woman later offered to buy Lee a drink, but Lee insisted on getting it herself.
Lee said she barely drank the beverage before giving it to her friends. Later, the woman asked Lee and her friends to walk her to her car. The group walked through an alley before the woman said she could not find it. She then pointed to a dark residential street far from the nightlife area.
Lee said her friends refused to continue because the location felt suspicious. The woman then claimed she needed a bathroom and walked behind a large truck. Lee said the woman did not actually use the bathroom before returning. Moments later, a white Tesla pulled up and asked where everyone was going.
According to Lee, the woman then entered the stranger's car, despite her earlier claims of fear. Lee questioned the driver, who said he came from the Bay Area. The woman immediately said she came from the Bay Area too, according to Lee. Lee then gave her a backup number and stayed on the phone temporarily.
#according
1 month ago
Livvy Dunne rocks blue bikini on tropical vacation with Paul Skenes for her 24th birthday originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Livvy Dunne is bringing in her 24th birthday with a tropical vacation with Paul Skenes.
The former LSU gymnast shared some photos from her Bahamas celebration, which featured her alongside the MLB star. In the first photo, Dunne is sipping on an orange beverage next to a pool as she wears a blue bikini with white seams. In another photo, she's in the pool with two large "24" floaties alongside her.
In the third photo, Skenes makes his appearance wearing gray swim trunks as he holds her above the pool, seemingly looking to drop her in the water. She then added two more solo photos of herself wearing a "birthday girl" headband while she relaxed by the pool.
"Washed up at 24," Dunne captioned the post.
#dunne #livvy #sporting #bikini
Livvy Dunne is bringing in her 24th birthday with a tropical vacation with Paul Skenes.
The former LSU gymnast shared some photos from her Bahamas celebration, which featured her alongside the MLB star. In the first photo, Dunne is sipping on an orange beverage next to a pool as she wears a blue bikini with white seams. In another photo, she's in the pool with two large "24" floaties alongside her.
In the third photo, Skenes makes his appearance wearing gray swim trunks as he holds her above the pool, seemingly looking to drop her in the water. She then added two more solo photos of herself wearing a "birthday girl" headband while she relaxed by the pool.
"Washed up at 24," Dunne captioned the post.
#dunne #livvy #sporting #bikini
1 month ago
Howie Mandel's daughter is sharing a fiery scene on TikTok, complete with a warning her dad should have taken seriously.
Jackelyn Shultz posted a TikTok video of the "America's Got Talent" judge standing near a vehicle engulfed in flames, capturing a moment that quickly drew reactions across social media.
Mandel, 70, wore blue overalls and held a canned beverage while appearing to record the fire on his phone near a Food4Less store.
"Dad, it could explode if there's gas in it," Shultz, 41, warned her dad.
Seconds later, as Mandel turned toward his daughter, a burst of flames erupted behind him.
#shultz
Jackelyn Shultz posted a TikTok video of the "America's Got Talent" judge standing near a vehicle engulfed in flames, capturing a moment that quickly drew reactions across social media.
Mandel, 70, wore blue overalls and held a canned beverage while appearing to record the fire on his phone near a Food4Less store.
"Dad, it could explode if there's gas in it," Shultz, 41, warned her dad.
Seconds later, as Mandel turned toward his daughter, a burst of flames erupted behind him.
#shultz
2 months ago
Warren Buffett may no longer be CEO of Berkshire Hathaway, but he's not likely to soon be forgotten.
He remains executive chair of the company, and the lessons he taught his employees and the rest of the world will surely last for generations. Buffett also left his mark on Berkshire Hathaway's massive stock portfolio, which is valued today at roughly $363 billion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Under his leadership, the conglomerate initiated positions in a number of stocks that could remain in the portfolio for decades. Two of those stakes alone now earn the company roughly $1.44 billion in combined annual dividends.
The iconic consumer beverage company is the longest-held stock position in Berkshire's portfolio.
#flashing
He remains executive chair of the company, and the lessons he taught his employees and the rest of the world will surely last for generations. Buffett also left his mark on Berkshire Hathaway's massive stock portfolio, which is valued today at roughly $363 billion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Under his leadership, the conglomerate initiated positions in a number of stocks that could remain in the portfolio for decades. Two of those stakes alone now earn the company roughly $1.44 billion in combined annual dividends.
The iconic consumer beverage company is the longest-held stock position in Berkshire's portfolio.
#flashing
2 months ago
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) reported a widening split between dining and entertainment in its September 14 second-quarter results. Food-and-beverage revenue increased to $211.5 million from $192.9 million, while entertainment revenue fell to $332.6 million from $364.5 million.
For the fiscal quarter ended August 4, 2026, total revenue declined 2.4% to $544.1 million. Operating income dropped to $19.4 million from $53 million. The GAAP net loss was $12.5 million, versus net income of $11.4 million a year earlier. Stronger restaurant sales are providing support, but the investment question is whether they can also bring customers back to the games.
Food-and-beverage revenue grew approximately 9.6%, giving Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) an identifiable source of momentum. A more appealing dining experience could encourage repeat visits, group occasions, and longer stays, creating additional opportunities to sell entertainment.
Management reported ongoing growth in food-and-beverage and special-events sales, alongside improving comparable-sales trends in July and the third quarter to date. That suggests the recovery effort has some traction beyond a single revenue category, although the later sales improvement was not quantified.
Management also said remodeled locations continued to outperform the system on comparable sales. That supports selective investment in existing venues, provided the additional revenue earns adequate returns on remodeling costs.
#entertainment #dave
For the fiscal quarter ended August 4, 2026, total revenue declined 2.4% to $544.1 million. Operating income dropped to $19.4 million from $53 million. The GAAP net loss was $12.5 million, versus net income of $11.4 million a year earlier. Stronger restaurant sales are providing support, but the investment question is whether they can also bring customers back to the games.
Food-and-beverage revenue grew approximately 9.6%, giving Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) an identifiable source of momentum. A more appealing dining experience could encourage repeat visits, group occasions, and longer stays, creating additional opportunities to sell entertainment.
Management reported ongoing growth in food-and-beverage and special-events sales, alongside improving comparable-sales trends in July and the third quarter to date. That suggests the recovery effort has some traction beyond a single revenue category, although the later sales improvement was not quantified.
Management also said remodeled locations continued to outperform the system on comparable sales. That supports selective investment in existing venues, provided the additional revenue earns adequate returns on remodeling costs.
#entertainment #dave
2 months ago
KO beat the S&P 500 over one and five years, returning 37% and 85% respectively, backed by 63 straight years of dividend raises.
At a P/E of 29 and P/FCF of 72 with shares near their $91.94 52-week high, Coca-Cola's valuation leaves little room for error.
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If you bought Coca-Cola (NYSE:KO) a decade ago, you bought a business that has spent the intervening years quietly reinventing its balance sheet while doing what it always does: raising the dividend. 2025 marked the 63rd consecutive year of dividend increases, cementing Coca-Cola's status as a dividend king.
The past two years have been eventful. CEO James Quincey handed the reins to Henrique Braun in 2026, and the company has pushed hard on refranchising bottlers, including a pending sale of Coca-Cola Beverages Africa. Q4 2025 absorbed a $960M BODYARMOR impairment, but 2026 has been a different story. Q2 delivered EPS of $0.97, revenue of $13.38B (+6.7% YoY), and 5% unit case volume growth, aided by the FIFA World Cup marketing push. Management now guides to comparable EPS growth of 9% to 10% for the year.
#Dividend #cola #year
At a P/E of 29 and P/FCF of 72 with shares near their $91.94 52-week high, Coca-Cola's valuation leaves little room for error.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
If you bought Coca-Cola (NYSE:KO) a decade ago, you bought a business that has spent the intervening years quietly reinventing its balance sheet while doing what it always does: raising the dividend. 2025 marked the 63rd consecutive year of dividend increases, cementing Coca-Cola's status as a dividend king.
The past two years have been eventful. CEO James Quincey handed the reins to Henrique Braun in 2026, and the company has pushed hard on refranchising bottlers, including a pending sale of Coca-Cola Beverages Africa. Q4 2025 absorbed a $960M BODYARMOR impairment, but 2026 has been a different story. Q2 delivered EPS of $0.97, revenue of $13.38B (+6.7% YoY), and 5% unit case volume growth, aided by the FIFA World Cup marketing push. Management now guides to comparable EPS growth of 9% to 10% for the year.
#Dividend #cola #year
2 months ago
PepsiCo (PEP) has gone nowhere for a year, down 1.8% over the past twelve months while the S&P 500 returned 16.6%. At about $135 a share it trades at 17.7 times earnings, against an S&P 500 median of 22.5. A big cash generator priced below the market is what value buyers hunt for, so is this discount impatience or a verdict?
PepsiCo sells snacks and drinks everywhere consumer staples get sold: grocery aisles, convenience and gas stations, and the away-from-home locations it keeps adding. That reach turns into cash: free cash flow over the trailing twelve months was $9.28 billion, a 5.0% yield.
None of the recent numbers look like a business in trouble. Revenue over the trailing twelve months grew 5.6%, and the operating margin is holding at 15.0% against an S&P 500 median of 18.6%. Management says global volumes grew in both foods and beverages in the first half of 2026, the fastest growth in volume since 2022.
Widen the window and the picture changes. PepsiCo's revenue grew 5.6% over the trailing twelve months against an S&P 500 median of 8.3%, and its three-year average is just 2.5% a year. The trailing twelve months ran hotter, but one window is not a pace, and the pace is what the market pays for.
The company lowered prices in the U.S. early in 2026 to get volume moving. Management says salty snacks went from falling volume to rising volume and PepsiCo gained share, but volume in the second quarter of 2026 fell short of what it expected, which it blames on a consumer hurt by higher gas prices and on delays executing the price investment at some customers. None of this is lost on the market: it is pricing a company that grows slowly and has just spent money trying to grow faster. The problem sits in North America, while the international business stayed strong.
#months #trailing
PepsiCo sells snacks and drinks everywhere consumer staples get sold: grocery aisles, convenience and gas stations, and the away-from-home locations it keeps adding. That reach turns into cash: free cash flow over the trailing twelve months was $9.28 billion, a 5.0% yield.
None of the recent numbers look like a business in trouble. Revenue over the trailing twelve months grew 5.6%, and the operating margin is holding at 15.0% against an S&P 500 median of 18.6%. Management says global volumes grew in both foods and beverages in the first half of 2026, the fastest growth in volume since 2022.
Widen the window and the picture changes. PepsiCo's revenue grew 5.6% over the trailing twelve months against an S&P 500 median of 8.3%, and its three-year average is just 2.5% a year. The trailing twelve months ran hotter, but one window is not a pace, and the pace is what the market pays for.
The company lowered prices in the U.S. early in 2026 to get volume moving. Management says salty snacks went from falling volume to rising volume and PepsiCo gained share, but volume in the second quarter of 2026 fell short of what it expected, which it blames on a consumer hurt by higher gas prices and on delays executing the price investment at some customers. None of this is lost on the market: it is pricing a company that grows slowly and has just spent money trying to grow faster. The problem sits in North America, while the international business stayed strong.
#months #trailing
2 months ago
On September 14, Dave & Buster's Entertainment (NASDAQ:PLAY) reported second-quarter fiscal 2026 results that read like two different companies at once. Revenue fell, and the company posted a net loss for the period ended August 4, yet comparable sales, which had been sliding for more than a year, kept getting less bad every month from June through the first five weeks of the third quarter. New CEO Darin Harper is betting that improvement compounds into something bigger.
The clearest evidence is the trend line itself. Comparable store sales fell 5.4% in the first quarter of fiscal 2026, then 2.9% in the second quarter, then just 1.6% in July after a 5% decline in June, and Harper said trends improved further over the first five weeks of the third quarter. Food and beverage sales are moving in the opposite direction entirely, up 7.6% in the quarter and positive for five straight quarters, helped by the Eat & Play Combo, a bundled meal and game credit offer sold through kiosks. Special event sales have now grown for seven consecutive quarters.
Behind that shift sits a rebuilt leadership bench. Dave & Buster's went more than a year without a chief marketing officer, and Harper has since added a CMO, a chief operations officer, a chief technology officer, and a chief legal officer since taking over. The company also leaned on new content, launching 10 games and attractions this year, including tie-ins with Mandalorian and Grogu, John Wick and Stranger Things, after research found more than 70% of guests said new games would bring them back more often. Changes to game pricing pushed play and dwell time up 16% to 20% or more. Six remodeled stores are already outperforming the rest of the chain, and management says the newest remodel template costs less to build than the last one. Net capital spending dropped to $127.6 million through the first half of the year from $155.4 million, and adjusted free cash flow swung to positive $19.5 million from negative $36.5 million, a $56 million improvement.
The headline figures were still rough. Total revenue slipped 2.4% to $544.1 million from $557.4 million a year earlier, and adjusted EBITDA dropped to $98.9 million, an 18.2% margin, from $129.8 million and a 23.3% margin. On a GAAP basis, the company posted a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million in the same quarter last year. About $15 million of the EBITDA decline came from items management calls non-normalized, including a $10 million noncash deferral adjustment that did not repeat this year, $3 million in extra preopening costs and $2 million in higher insurance expenses, but even stripped of those, the underlying decline was still roughly $16 million.
#year #first #harper #play
The clearest evidence is the trend line itself. Comparable store sales fell 5.4% in the first quarter of fiscal 2026, then 2.9% in the second quarter, then just 1.6% in July after a 5% decline in June, and Harper said trends improved further over the first five weeks of the third quarter. Food and beverage sales are moving in the opposite direction entirely, up 7.6% in the quarter and positive for five straight quarters, helped by the Eat & Play Combo, a bundled meal and game credit offer sold through kiosks. Special event sales have now grown for seven consecutive quarters.
Behind that shift sits a rebuilt leadership bench. Dave & Buster's went more than a year without a chief marketing officer, and Harper has since added a CMO, a chief operations officer, a chief technology officer, and a chief legal officer since taking over. The company also leaned on new content, launching 10 games and attractions this year, including tie-ins with Mandalorian and Grogu, John Wick and Stranger Things, after research found more than 70% of guests said new games would bring them back more often. Changes to game pricing pushed play and dwell time up 16% to 20% or more. Six remodeled stores are already outperforming the rest of the chain, and management says the newest remodel template costs less to build than the last one. Net capital spending dropped to $127.6 million through the first half of the year from $155.4 million, and adjusted free cash flow swung to positive $19.5 million from negative $36.5 million, a $56 million improvement.
The headline figures were still rough. Total revenue slipped 2.4% to $544.1 million from $557.4 million a year earlier, and adjusted EBITDA dropped to $98.9 million, an 18.2% margin, from $129.8 million and a 23.3% margin. On a GAAP basis, the company posted a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million in the same quarter last year. About $15 million of the EBITDA decline came from items management calls non-normalized, including a $10 million noncash deferral adjustment that did not repeat this year, $3 million in extra preopening costs and $2 million in higher insurance expenses, but even stripped of those, the underlying decline was still roughly $16 million.
#year #first #harper #play
2 months ago
International Flavors & Fragrances Inc. (IFF), headquartered in New York, produces and markets cosmetic active and natural health ingredients for use in various consumer products. Valued at $21.3 billion by market cap, the company flavors and fragrances are individual ingredients and compounds of a large number of ingredients that are blended, mixed, and reacted together to produce proprietary formulas.
Companies worth $10 billion or more are generally described as "large-cap stocks," and IFF perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty chemicals industry. IFF is a preeminent player in global flavors and fragrances, with 35,000+ products spanning food, beverage, personal care, and health & wellness. Its scale, innovation focus, and alignment with natural, sustainable, and customized ingredient trends support a competitive edge, while operations in 60+ countries provide access to emerging markets and evolving consumer preferences.
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#ingredients #markets #Health #products
Companies worth $10 billion or more are generally described as "large-cap stocks," and IFF perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty chemicals industry. IFF is a preeminent player in global flavors and fragrances, with 35,000+ products spanning food, beverage, personal care, and health & wellness. Its scale, innovation focus, and alignment with natural, sustainable, and customized ingredient trends support a competitive edge, while operations in 60+ countries provide access to emerging markets and evolving consumer preferences.
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#ingredients #markets #Health #products
2 months ago
This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter.
Coca-Cola said the beverage giant and its bottlers will invest $10 billion in U.S. infrastructure by 2030 to meet growing demand for its offerings.
The system-wide investments include a mix of new and previously announced projects that will expand production, distribution and office facilities, according to a Tuesday press release.
This includes a bottling distribution facility in Rancho Cucamonga, California; a bottling plant in Colorado Springs, Colorado; a manufacturing plant in Indianapolis; a Coca-Cola United campus in Birmingham, Alabama; a Fairlife plant in Coopersville, Michigan; and a distribution center in Orlando.
Other investments are planned for St. Cloud, Minnesota, and at a Fairlife plant in Webster, New York. Additional investments will be made during the next four years, a Coca-Cola spokesperson said in an email.
#Colorado
Coca-Cola said the beverage giant and its bottlers will invest $10 billion in U.S. infrastructure by 2030 to meet growing demand for its offerings.
The system-wide investments include a mix of new and previously announced projects that will expand production, distribution and office facilities, according to a Tuesday press release.
This includes a bottling distribution facility in Rancho Cucamonga, California; a bottling plant in Colorado Springs, Colorado; a manufacturing plant in Indianapolis; a Coca-Cola United campus in Birmingham, Alabama; a Fairlife plant in Coopersville, Michigan; and a distribution center in Orlando.
Other investments are planned for St. Cloud, Minnesota, and at a Fairlife plant in Webster, New York. Additional investments will be made during the next four years, a Coca-Cola spokesperson said in an email.
#Colorado
2 months ago
Chipotle stock dropped 5% Tuesday with no confirmed news behind the move, but remains up 5% for the month, pointing to profit taking not panic.
The CDC confirmed no ongoing consumer risk from the summer salmonella outbreak, and Chipotle stock actually rose while that investigation was open.
Broad benchmarks and QSR peers fell only between 0.5 and 3% on Tuesday, isolating Chipotle's move as stock-specific, with the next real catalyst on October 28.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Chipotle Mexican Grill (NYSE:CMG) stock is down 5% to $35.32 in Tuesday morning trading, a sharp break from a stretch that had the shares grinding higher through the first half of September. The move stands out because it doesn't match a broad tape decline or a food and beverage sector rout of similar magnitude. That forces the question of what specifically is hitting Chipotle today when the peer group is barely giving ground.
#october
The CDC confirmed no ongoing consumer risk from the summer salmonella outbreak, and Chipotle stock actually rose while that investigation was open.
Broad benchmarks and QSR peers fell only between 0.5 and 3% on Tuesday, isolating Chipotle's move as stock-specific, with the next real catalyst on October 28.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Chipotle Mexican Grill (NYSE:CMG) stock is down 5% to $35.32 in Tuesday morning trading, a sharp break from a stretch that had the shares grinding higher through the first half of September. The move stands out because it doesn't match a broad tape decline or a food and beverage sector rout of similar magnitude. That forces the question of what specifically is hitting Chipotle today when the peer group is barely giving ground.
#october
2 months ago
This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter.
Coca-Cola said the beverage giant and its bottlers will invest $10 billion in U.S. infrastructure by 2030 to meet growing demand for its offerings.
The system-wide investments include a mix of new and previously announced projects that will expand production, distribution and office facilities, according to a Tuesday press release.
This includes a bottling distribution facility in Rancho Cucamonga, California; a bottling plant in Colorado Springs, Colorado; a manufacturing plant in Indianapolis; a Coca-Cola United campus in Birmingham, Alabama; a Fairlife plant in Coopersville, Michigan; and a distribution center in Orlando.
Other investments are planned for St. Cloud, Minnesota, and at a Fairlife plant in Webster, New York. Additional investments will be made during the next four years, a Coca-Cola spokesperson said in an email.
#coca #cola
Coca-Cola said the beverage giant and its bottlers will invest $10 billion in U.S. infrastructure by 2030 to meet growing demand for its offerings.
The system-wide investments include a mix of new and previously announced projects that will expand production, distribution and office facilities, according to a Tuesday press release.
This includes a bottling distribution facility in Rancho Cucamonga, California; a bottling plant in Colorado Springs, Colorado; a manufacturing plant in Indianapolis; a Coca-Cola United campus in Birmingham, Alabama; a Fairlife plant in Coopersville, Michigan; and a distribution center in Orlando.
Other investments are planned for St. Cloud, Minnesota, and at a Fairlife plant in Webster, New York. Additional investments will be made during the next four years, a Coca-Cola spokesperson said in an email.
#coca #cola
2 months ago
On September 14, Dave & Buster's Entertainment (NASDAQ:PLAY) reported second-quarter fiscal 2026 results that read like two different companies at once. Revenue fell, and the company posted a net loss for the period ended August 4, yet comparable sales, which had been sliding for more than a year, kept getting less bad every month from June through the first five weeks of the third quarter. New CEO Darin Harper is betting that improvement compounds into something bigger.
The clearest evidence is the trend line itself. Comparable store sales fell 5.4% in the first quarter of fiscal 2026, then 2.9% in the second quarter, then just 1.6% in July after a 5% decline in June, and Harper said trends improved further over the first five weeks of the third quarter. Food and beverage sales are moving in the opposite direction entirely, up 7.6% in the quarter and positive for five straight quarters, helped by the Eat & Play Combo, a bundled meal and game credit offer sold through kiosks. Special event sales have now grown for seven consecutive quarters.
Behind that shift sits a rebuilt leadership bench. Dave & Buster's went more than a year without a chief marketing officer, and Harper has since added a CMO, a chief operations officer, a chief technology officer, and a chief legal officer since taking over. The company also leaned on new content, launching 10 games and attractions this year, including tie-ins with Mandalorian and Grogu, John Wick and Stranger Things, after research found more than 70% of guests said new games would bring them back more often. Changes to game pricing pushed play and dwell time up 16% to 20% or more. Six remodeled stores are already outperforming the rest of the chain, and management says the newest remodel template costs less to build than the last one. Net capital spending dropped to $127.6 million through the first half of the year from $155.4 million, and adjusted free cash flow swung to positive $19.5 million from negative $36.5 million, a $56 million improvement.
The headline figures were still rough. Total revenue slipped 2.4% to $544.1 million from $557.4 million a year earlier, and adjusted EBITDA dropped to $98.9 million, an 18.2% margin, from $129.8 million and a 23.3% margin. On a GAAP basis, the company posted a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million in the same quarter last year. About $15 million of the EBITDA decline came from items management calls non-normalized, including a $10 million noncash deferral adjustment that did not repeat this year, $3 million in extra preopening costs and $2 million in higher insurance expenses, but even stripped of those, the underlying decline was still roughly $16 million.
#quarter #sales
The clearest evidence is the trend line itself. Comparable store sales fell 5.4% in the first quarter of fiscal 2026, then 2.9% in the second quarter, then just 1.6% in July after a 5% decline in June, and Harper said trends improved further over the first five weeks of the third quarter. Food and beverage sales are moving in the opposite direction entirely, up 7.6% in the quarter and positive for five straight quarters, helped by the Eat & Play Combo, a bundled meal and game credit offer sold through kiosks. Special event sales have now grown for seven consecutive quarters.
Behind that shift sits a rebuilt leadership bench. Dave & Buster's went more than a year without a chief marketing officer, and Harper has since added a CMO, a chief operations officer, a chief technology officer, and a chief legal officer since taking over. The company also leaned on new content, launching 10 games and attractions this year, including tie-ins with Mandalorian and Grogu, John Wick and Stranger Things, after research found more than 70% of guests said new games would bring them back more often. Changes to game pricing pushed play and dwell time up 16% to 20% or more. Six remodeled stores are already outperforming the rest of the chain, and management says the newest remodel template costs less to build than the last one. Net capital spending dropped to $127.6 million through the first half of the year from $155.4 million, and adjusted free cash flow swung to positive $19.5 million from negative $36.5 million, a $56 million improvement.
The headline figures were still rough. Total revenue slipped 2.4% to $544.1 million from $557.4 million a year earlier, and adjusted EBITDA dropped to $98.9 million, an 18.2% margin, from $129.8 million and a 23.3% margin. On a GAAP basis, the company posted a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million in the same quarter last year. About $15 million of the EBITDA decline came from items management calls non-normalized, including a $10 million noncash deferral adjustment that did not repeat this year, $3 million in extra preopening costs and $2 million in higher insurance expenses, but even stripped of those, the underlying decline was still roughly $16 million.
#quarter #sales
2 months ago
Long-running speculation over the future of Hain Celestial's business in Europe has finally come to a head with the disposal to a private-equity investor.
Nasdaq-listed Hain Celestial said in a statement today (14 September) it has agreed the sale of its "international" operations to Aurelius for $323m in cash.
The divestment follows a review of Hain Celestial's portfolio instigated by president and CEO Alison Lewis last year, which already resulted in the sale of its North American snacks business in 2026 to Canada's Snackruptors for $115m in cash.
That disposal included the brands Garden Veggie Snacks, Terra chips and Garden of Eatin'.
Ella's Kitchen baby and kids foods, the Joya and Natumi plant-based beverage lines and Hartley's jelly are joining Aurelius.
#hain #garden #sale #long
Nasdaq-listed Hain Celestial said in a statement today (14 September) it has agreed the sale of its "international" operations to Aurelius for $323m in cash.
The divestment follows a review of Hain Celestial's portfolio instigated by president and CEO Alison Lewis last year, which already resulted in the sale of its North American snacks business in 2026 to Canada's Snackruptors for $115m in cash.
That disposal included the brands Garden Veggie Snacks, Terra chips and Garden of Eatin'.
Ella's Kitchen baby and kids foods, the Joya and Natumi plant-based beverage lines and Hartley's jelly are joining Aurelius.
#hain #garden #sale #long
2 months ago
Casey's General Stores Inc. (NASDAQ:CASY), the third-largest convenience chain and fifth-biggest pizza brand within the U.S., released its first quarter results, showing early traction from the company's recently announced three-year strategic plan. For the recent quarter, inside same-store sales jumped 3.2% year-over-year, and 7.7% on a two-year stacked basis, leading to inside margins of 42.2%. Total inside gross profit stood at $749.8 million, rising 6.3% compared to the same period last year. The company posted net income of $273.7 million, exhibiting a 27.1% increase relative to Q1 last year. This translated into a 27.7% jump in diluted EPS which rose to $7.37.
Foodio/Shutterstock.com
Casey's is building on its three-year roadmap which rests on three core pillars. These include acceleration of growth across food and beverage, scaling up its store footprint, and elevating its operational efficiency.
Food remains a major growth enabler for the broader business, with prepared foods and nonalcoholic beverages currently driving the expansion of inside sales. Wings sales within Des Moines market also posted a 20% year-over-year sales jump. This positions the company to benefit from a larger opportunity of ramping up the offerings across roughly 3,000 stores, and cements Casey's reputation as a food destination.
The retailer also plans to expand its operations with at least 400 stores through a mix of acquisitions, and ground-up development of new stores. The integration of Fikes Wholesale, owner of CEFCO Convenience Stores and Casey's largest acquisition to date, demonstrates its capacity to expand through dealmaking. Management said the integration remains ahead of schedule.
#stores #largest
Foodio/Shutterstock.com
Casey's is building on its three-year roadmap which rests on three core pillars. These include acceleration of growth across food and beverage, scaling up its store footprint, and elevating its operational efficiency.
Food remains a major growth enabler for the broader business, with prepared foods and nonalcoholic beverages currently driving the expansion of inside sales. Wings sales within Des Moines market also posted a 20% year-over-year sales jump. This positions the company to benefit from a larger opportunity of ramping up the offerings across roughly 3,000 stores, and cements Casey's reputation as a food destination.
The retailer also plans to expand its operations with at least 400 stores through a mix of acquisitions, and ground-up development of new stores. The integration of Fikes Wholesale, owner of CEFCO Convenience Stores and Casey's largest acquisition to date, demonstrates its capacity to expand through dealmaking. Management said the integration remains ahead of schedule.
#stores #largest
2 months ago
Keurig Dr Pepper Inc. (KDP) is a leading beverage company headquartered in Frisco, Texas, with more than 150 owned, licensed, and partner brands. With a market capitalization of $44.4 billion, the company manufactures, markets, and distributes soft drinks, coffee, water, tea, and other beverages through an extensive distribution network serving consumers across retail, e-commerce, convenience, and foodservice channels worldwide.
Companies valued between $10 billion and $200 billion are generally classified as "large-cap stocks," and Keurig Dr Pepper comfortably fits this category. Its substantial market capitalization reflects its size, influence, and established presence in the non-alcoholic beverages industry.
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#keurig #pepper
Companies valued between $10 billion and $200 billion are generally classified as "large-cap stocks," and Keurig Dr Pepper comfortably fits this category. Its substantial market capitalization reflects its size, influence, and established presence in the non-alcoholic beverages industry.
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#keurig #pepper
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2 months ago
Ahead of the Cincinnati Bengals' season opener on Sunday, Sept. 13, Paycor Stadium introduced a slate of new food and beverage options, including a seafood tower, Mazunte walking tacos, a double smash cheeseburger and oversized ice cream sundaes.
Christopher Revercomb, senior executive chef for Aramark Sports + Entertainment, which oversees food service at Paycor Stadium, said the goal is to balance traditional game-day favorites with upscale offerings. The menu is shaped by fan feedback, sales data and emerging food trends.
PHOTOS: Cincinnati Bengals show new food options for this season at Paycor Stadium
We try to keep it fresh and listen to what the fans want," Revercomb said.
Among the new concession stand additions are Penn Station cheesesteaks, Lee's Famous Recipe chicken tenders and potato wedges, and Mazunte walking tacos. The tacos are available with chicken or ground beef and topped with queso fundido, black bean puree, pickled red onions, pico de gallo and cilantro.
#Food #revercomb
Christopher Revercomb, senior executive chef for Aramark Sports + Entertainment, which oversees food service at Paycor Stadium, said the goal is to balance traditional game-day favorites with upscale offerings. The menu is shaped by fan feedback, sales data and emerging food trends.
PHOTOS: Cincinnati Bengals show new food options for this season at Paycor Stadium
We try to keep it fresh and listen to what the fans want," Revercomb said.
Among the new concession stand additions are Penn Station cheesesteaks, Lee's Famous Recipe chicken tenders and potato wedges, and Mazunte walking tacos. The tacos are available with chicken or ground beef and topped with queso fundido, black bean puree, pickled red onions, pico de gallo and cilantro.
#Food #revercomb
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2 months ago
Based in Pittsburgh, Pennsylvania, The Kraft Heinz Company (KHC) is a global food and beverage manufacturer and marketer. Its products cover a remarkably broad portion of the grocery aisle, including condiments, sauces, cheese, frozen foods, desserts, beverages, coffee, and meats.
Its best-known brands include Heinz, Kraft, Oscar Mayer, Philadelphia, and Lunchables. Together, these businesses support a company with a market capitalization of roughly $29.5 billion, comfortably above the $10 billion threshold generally ***** ociated with large-cap stocks.
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#kraft #company #oscar
Its best-known brands include Heinz, Kraft, Oscar Mayer, Philadelphia, and Lunchables. Together, these businesses support a company with a market capitalization of roughly $29.5 billion, comfortably above the $10 billion threshold generally ***** ociated with large-cap stocks.
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#kraft #company #oscar
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2 months ago
Georgia football continues its brief season-opening non-conference homestand at Sanford Stadium against Western Kentucky on Saturday, Sept. 12, at 12:45 p.m.
For the fans setting up a comfortable place to watch on campus, not in the stadium but under a tent with an array of food and ice-cold beverages, the game will be broadcast on SEC Network+.
However, for the fans that are planning on sitting on those hot metal bleachers and grabbing a famed halftime hotdog, here's how much tickets cost and where to buy them.
Buy Georgia football tickets
Ticket prices for the Georgia-Western Kentucky game at Sanford Stadium on Saturday, Sept. 12, at 12:45 p.m. start at $47 on StubHub, $47.88 on Ticketmaster and $48 on VividSeats.
#saturday
For the fans setting up a comfortable place to watch on campus, not in the stadium but under a tent with an array of food and ice-cold beverages, the game will be broadcast on SEC Network+.
However, for the fans that are planning on sitting on those hot metal bleachers and grabbing a famed halftime hotdog, here's how much tickets cost and where to buy them.
Buy Georgia football tickets
Ticket prices for the Georgia-Western Kentucky game at Sanford Stadium on Saturday, Sept. 12, at 12:45 p.m. start at $47 on StubHub, $47.88 on Ticketmaster and $48 on VividSeats.
#saturday
2 months ago
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Dunkin' has enlisted the help of a pair of former Spice Girls and the comedian Rachel Dratch to promote the company's pumpkin spice lineup.
The Boston-based coffee-and-doughnut chain has released new ads for the company's Pumpkin Spice Signature Latte, Pumpkin Cloud Dunkalatte, and other fall-flavored beverages.
The ads include former Spice Girls members Emma Bunton, or "Baby Spice," and Geri Halliwell-Horner, or "Ginger Spice." They discuss their time with the band in an interview, when they reveal a previously unknown sixth Spice Girl, "Pumpkin Spice," portrayed by Dratch.
They ultimately said she was "too seasonal" for the band and Dratch notes she "left to focus on lattes."
#girls #former #subscribe #boston
Dunkin' has enlisted the help of a pair of former Spice Girls and the comedian Rachel Dratch to promote the company's pumpkin spice lineup.
The Boston-based coffee-and-doughnut chain has released new ads for the company's Pumpkin Spice Signature Latte, Pumpkin Cloud Dunkalatte, and other fall-flavored beverages.
The ads include former Spice Girls members Emma Bunton, or "Baby Spice," and Geri Halliwell-Horner, or "Ginger Spice." They discuss their time with the band in an interview, when they reveal a previously unknown sixth Spice Girl, "Pumpkin Spice," portrayed by Dratch.
They ultimately said she was "too seasonal" for the band and Dratch notes she "left to focus on lattes."
#girls #former #subscribe #boston
2 months ago
Welcome back to BCB After Dark: the coolest club for night owls, early risers, new parents and Cubs fans abroad. Come on in and join us. It's always good to see a friendly face. There's no cover charge. The dress code is casual. The hostess will seat you now. Bring your own beverage.
BCB After Dark is the place for you to talk baseball, music, movies, or anything else you need to get off your chest, as long as it is within the rules of the site. The late-nighters are encouraged to get the party started, but everyone else is invited to join in as you wake up the next morning and into the afternoon.
Last week I asked you if reliever Daniel Palencia should get sent down to Iowa. You folks were rough as 79 percent of you wanted to see Palencia go down to Des Moines.
Here's the part with the music and the movies. You can do with it what you will. We hope you enjoy it, however.
Sometimes you just got to play the hits. Here's guitarist George Benson, joined by guitarist Carlos Santana, jammin' Benson's hit "Breezin'" on the Midnight Special sometimes in the seventies. I believe this is 1978.
#else
BCB After Dark is the place for you to talk baseball, music, movies, or anything else you need to get off your chest, as long as it is within the rules of the site. The late-nighters are encouraged to get the party started, but everyone else is invited to join in as you wake up the next morning and into the afternoon.
Last week I asked you if reliever Daniel Palencia should get sent down to Iowa. You folks were rough as 79 percent of you wanted to see Palencia go down to Des Moines.
Here's the part with the music and the movies. You can do with it what you will. We hope you enjoy it, however.
Sometimes you just got to play the hits. Here's guitarist George Benson, joined by guitarist Carlos Santana, jammin' Benson's hit "Breezin'" on the Midnight Special sometimes in the seventies. I believe this is 1978.
#else
2 months ago
Italian food-and-drinks group Compagnia del Gusto Holding has continued its buying spree with a deal for local wine delivery platform Winelivery.
Financial terms were not disclosed.
Ettore Nicoletto, the chief executive of Compagnia del Gusto Holding (CDGH), said: "The operation does not respond to a logic of scale, but of industrial function. The group has proprietary technology, a team with digital and artificial intelligence skills, and a direct relationship with the urban consumer, which becomes a market laboratory for the entire portfolio."
Winelivery, co-founded by Francesco Magro, Giovanni Roberto and Andrea Antinori, operates through a vertical model combining digital ordering and physical logistics.
Collaborating directly with various brands and producers, the platform supplies wine, beer, and alternative beverages to consumers across more than 60 Italian cities, claiming a delivery window of under 30 minutes.
#group
Financial terms were not disclosed.
Ettore Nicoletto, the chief executive of Compagnia del Gusto Holding (CDGH), said: "The operation does not respond to a logic of scale, but of industrial function. The group has proprietary technology, a team with digital and artificial intelligence skills, and a direct relationship with the urban consumer, which becomes a market laboratory for the entire portfolio."
Winelivery, co-founded by Francesco Magro, Giovanni Roberto and Andrea Antinori, operates through a vertical model combining digital ordering and physical logistics.
Collaborating directly with various brands and producers, the platform supplies wine, beer, and alternative beverages to consumers across more than 60 Italian cities, claiming a delivery window of under 30 minutes.
#group
2 months ago
Coca-Cola (NYSE: KO) is one of the best-known companies in the world, thanks to its namesake beverage brand, so it needs little introduction. However, what's most impressive right now is the stock's performance. It is up 28% over the past year, as of this writing. The average consumer staples stock is only up 5% over that span. Even the S&P 500 index (SNPINDEX: ^GSPC) is "only" up 20%. After a run like that, is Coca-Cola a buy, hold, or sell?
Coca-Cola is a well-run business. It is one of the world's largest consumer staples companies. It is globally diversified and has industry-leading capabilities in distribution, marketing, and innovation. The company's fundamental strength is evident in its status as a Dividend King, with 64 consecutive annual dividend increases. The only consumer staples peer with a better record is Procter & Gamble (NYSE: PG), but P&G doesn't make food. So, Coca-Cola is the food company with the best dividend record.
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If you want to own industry-leading businesses, Coca-Cola should be on your short list. And, with an above-market yield of 2.4%, you could easily justify adding it to your portfolio. That's particularly true given recent results, with organic revenue growth of 6% in the second quarter of 2026, even as consumers tighten their belts. In fact, Coca-Cola raised its full-year guidance despite the broader food industry's struggles.
Certainly, if you have owned Coca-Cola for years, selling it right when it is performing so well as a business probably isn't something you should be considering. Unless, of course, the stock's valuation was running ahead of its historical norms. But that's not the case.
#staples
Coca-Cola is a well-run business. It is one of the world's largest consumer staples companies. It is globally diversified and has industry-leading capabilities in distribution, marketing, and innovation. The company's fundamental strength is evident in its status as a Dividend King, with 64 consecutive annual dividend increases. The only consumer staples peer with a better record is Procter & Gamble (NYSE: PG), but P&G doesn't make food. So, Coca-Cola is the food company with the best dividend record.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If you want to own industry-leading businesses, Coca-Cola should be on your short list. And, with an above-market yield of 2.4%, you could easily justify adding it to your portfolio. That's particularly true given recent results, with organic revenue growth of 6% in the second quarter of 2026, even as consumers tighten their belts. In fact, Coca-Cola raised its full-year guidance despite the broader food industry's struggles.
Certainly, if you have owned Coca-Cola for years, selling it right when it is performing so well as a business probably isn't something you should be considering. Unless, of course, the stock's valuation was running ahead of its historical norms. But that's not the case.
#staples
2 months ago
Coca-Cola (NYSE: KO) has long been one of the most closely watched consumer stocks. Coca-Cola's flagship beverage anchors the stock, and its success is arguably the biggest factor in supporting the 64 consecutive years of dividend increases.
Moreover, under Warren Buffett's leadership at the time, Berkshire Hathaway has owned the stock for decades, holding 9.3% of Coca-Cola's outstanding shares.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Nonetheless, investors should think twice about paying $88 per share for it. For one, that takes its P/E ratio to 27, well above archrival PepsiCo at an 18 earnings multiple.
Additionally, PepsiCo's dividend yields almost 4.2%, well above the near 2.4% cash return investors now earn from Coca-Cola. Still, both stocks retain Dividend King status by virtue of more than half a century of annual payout hikes. Also, Coca-Cola investors should also not ignore the dividend, as it is typically the primary source of returns.
#signal
Moreover, under Warren Buffett's leadership at the time, Berkshire Hathaway has owned the stock for decades, holding 9.3% of Coca-Cola's outstanding shares.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Nonetheless, investors should think twice about paying $88 per share for it. For one, that takes its P/E ratio to 27, well above archrival PepsiCo at an 18 earnings multiple.
Additionally, PepsiCo's dividend yields almost 4.2%, well above the near 2.4% cash return investors now earn from Coca-Cola. Still, both stocks retain Dividend King status by virtue of more than half a century of annual payout hikes. Also, Coca-Cola investors should also not ignore the dividend, as it is typically the primary source of returns.
#signal
2 months ago
The Campbell's Company (NASDAQ:CPB), a branded packaged foods provider, closed at $22.13, down 6.96%. Thursday's sell-off followed weaker fiscal fourth-quarter profitability, a sales miss, and a dividend reduction.
Trading volume reached 37.4 million shares, coming in about 343% above its three-month average of 8.4 million shares.
The S&P 500 (SNPINDEX:^GSPC) rose 1.07% to 7,748, and the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.40% to 26,584. Among packaged-food rivals, Kraft Heinz (NASDAQ:KHC) closed at $25.42, down 3.20%, while General Mills (NYSE:GIS) ended at $39.26, down 3.25%, underscoring pressure across packaged foods and meats, as well as branded shelf-stable foods and beverages.
Income investors already owning the stock will be disappointed with what they heard from Campbell's today. A 36% dividend cut was announced as part of a plan for the food company to shore up its balance sheet amid inflationary pressures and dropping sales. The company is also implementing a new $500 million cost-savings plan through 2030.
The new $0.25 quarterly dividend still provides a relatively high annual yield of 4.5%, making shares a potential buy for those seeking income. That doesn't help existing shareholders, though, who now face a lower dividend payment on top of a 20% year-to-date decline in the shares.
If the company's turnaround plan is successful, though, new money in the stock with many popular brands could prove to beat the market over the long term.
#shares #million #plan #income
Trading volume reached 37.4 million shares, coming in about 343% above its three-month average of 8.4 million shares.
The S&P 500 (SNPINDEX:^GSPC) rose 1.07% to 7,748, and the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.40% to 26,584. Among packaged-food rivals, Kraft Heinz (NASDAQ:KHC) closed at $25.42, down 3.20%, while General Mills (NYSE:GIS) ended at $39.26, down 3.25%, underscoring pressure across packaged foods and meats, as well as branded shelf-stable foods and beverages.
Income investors already owning the stock will be disappointed with what they heard from Campbell's today. A 36% dividend cut was announced as part of a plan for the food company to shore up its balance sheet amid inflationary pressures and dropping sales. The company is also implementing a new $500 million cost-savings plan through 2030.
The new $0.25 quarterly dividend still provides a relatively high annual yield of 4.5%, making shares a potential buy for those seeking income. That doesn't help existing shareholders, though, who now face a lower dividend payment on top of a 20% year-to-date decline in the shares.
If the company's turnaround plan is successful, though, new money in the stock with many popular brands could prove to beat the market over the long term.
#shares #million #plan #income
2 months ago
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Management is prioritizing a return to core fundamentals in the Snacks division, specifically targeting households with kids for Goldfish and launching national brand campaigns for Pepperidge Farm.
The Meals and Beverage segment is leaning into 'semi-scratch' cooking trends, which represent 50% of at-home cooking occasions, by focusing on convenience with 5-ingredient-or-less recipes.
Performance attribution highlights a divergence in the soup portfolio, where cooking-related products (broth and condensed) are performing well while 'eating' soups require further innovation to meet consumer value needs.
The company is implementing a new $500 million enterprise cost-savings program through fiscal 2030, focusing on procurement efficiencies and supply chain network optimization.
#focusing
Management is prioritizing a return to core fundamentals in the Snacks division, specifically targeting households with kids for Goldfish and launching national brand campaigns for Pepperidge Farm.
The Meals and Beverage segment is leaning into 'semi-scratch' cooking trends, which represent 50% of at-home cooking occasions, by focusing on convenience with 5-ingredient-or-less recipes.
Performance attribution highlights a divergence in the soup portfolio, where cooking-related products (broth and condensed) are performing well while 'eating' soups require further innovation to meet consumer value needs.
The company is implementing a new $500 million enterprise cost-savings program through fiscal 2030, focusing on procurement efficiencies and supply chain network optimization.
#focusing
2 months ago
Seattle, Washington-based Starbucks Corporation (SBUX) roasts, sells and distributes high-quality coffee globally. Valued at $121 billion by market cap, the company offers packaged and single-serve coffees and teas, beverage-related ingredients, and ready-to-drink beverages, as well as produces and sells bottled coffee drinks and a line of ice creams through over 40,000 stores worldwide under the brands Starbucks Coffee, Teavana, Seattle's Best Coffee, Ethos, and Starbucks Reserve.
Companies worth $10 billion or more are generally described as "large-cap stocks," and SBUX definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the restaurants industry. With over 41,000 stores globally, SBUX's strong brand drives growth and its diverse footprint and international presence fuel market dominance.
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Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ****** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#billion #market #Stock #globally
Companies worth $10 billion or more are generally described as "large-cap stocks," and SBUX definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the restaurants industry. With over 41,000 stores globally, SBUX's strong brand drives growth and its diverse footprint and international presence fuel market dominance.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ****** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#billion #market #Stock #globally
2 months ago
This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter.
The Campbell's Company cut 13% of its salaried workforce as part of a plan to slash $500 million in costs by 2030, with CEO Mick Beekhuizen saying the company needs to take "decisive action" to improve performance.
The packaged food maker is also closing two snack plants as it aims to protect margins and support higher levels of investment. Campbell's added it will cut its quarterly dividend by 36% to generate savings that will be directed to other parts of its business.
The announcement comes as Campbell's posted a loss during its fourth quarter, with sales slipping 8% to $2.14 billion. Sales in its snacks business, which includes Goldfish and Pepperidge Farm, plunged 12% during the period. In meals and beverages, home to Rao's, V8 and its iconic soups, sales dipped 4%.
As consumers continue to rein in their spending, food companies are feeling the heat. Beekhuizen said cost cuts at Campbell's are necessary to support greater investment in brands to position them for success.
#sales #investment
The Campbell's Company cut 13% of its salaried workforce as part of a plan to slash $500 million in costs by 2030, with CEO Mick Beekhuizen saying the company needs to take "decisive action" to improve performance.
The packaged food maker is also closing two snack plants as it aims to protect margins and support higher levels of investment. Campbell's added it will cut its quarterly dividend by 36% to generate savings that will be directed to other parts of its business.
The announcement comes as Campbell's posted a loss during its fourth quarter, with sales slipping 8% to $2.14 billion. Sales in its snacks business, which includes Goldfish and Pepperidge Farm, plunged 12% during the period. In meals and beverages, home to Rao's, V8 and its iconic soups, sales dipped 4%.
As consumers continue to rein in their spending, food companies are feeling the heat. Beekhuizen said cost cuts at Campbell's are necessary to support greater investment in brands to position them for success.
#sales #investment
2 months ago
PepsiCo's 54 consecutive dividend increases and Colgate-Palmolive's 61.5% gross margin show how essential, habitual products keep compounding through every market cycle.
3M's specified industrial materials lock customers in through full qualification requirements, delivering 5.4% organic growth and 24.9% operating margins in Q2 2026.
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Boring works. Over a market cycle, essential-service businesses tend to keep selling toothpaste, chips, and industrial adhesives regardless of what the S&P 500 is doing on any given afternoon. Consider PepsiCo's own dividend record: management has committed to a 4% increase in the annualized dividend per share beginning with the June 2026 payment, which will represent the 54th consecutive annual increase. A streak that long spans every officially declared bear market since the mid-1970s. The three names below are held together by that same idea: durable demand, unglamorous products, and customers who do not easily leave.
PepsiCo (NASDAQ:PEP) sells convenient foods and beverages: Lay's, Doritos, Cheetos, Quaker, Tostitos, Pepsi, Gatorade, Mountain Dew, Aquafina, and Tropicana. These are low-ticket, habitual purchases. When households tightened budgets in 2008-2009 and again in 2020, they did not stop buying salty snacks or sports drinks; they traded down within the aisle, and PepsiCo's multi-tier portfolio caught them on the way. On the most recent call, CEO Ramon Laguarta described the international business plainly: "The truth is that all those markets have remained very resilient."
#consecutive
3M's specified industrial materials lock customers in through full qualification requirements, delivering 5.4% organic growth and 24.9% operating margins in Q2 2026.
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Boring works. Over a market cycle, essential-service businesses tend to keep selling toothpaste, chips, and industrial adhesives regardless of what the S&P 500 is doing on any given afternoon. Consider PepsiCo's own dividend record: management has committed to a 4% increase in the annualized dividend per share beginning with the June 2026 payment, which will represent the 54th consecutive annual increase. A streak that long spans every officially declared bear market since the mid-1970s. The three names below are held together by that same idea: durable demand, unglamorous products, and customers who do not easily leave.
PepsiCo (NASDAQ:PEP) sells convenient foods and beverages: Lay's, Doritos, Cheetos, Quaker, Tostitos, Pepsi, Gatorade, Mountain Dew, Aquafina, and Tropicana. These are low-ticket, habitual purchases. When households tightened budgets in 2008-2009 and again in 2020, they did not stop buying salty snacks or sports drinks; they traded down within the aisle, and PepsiCo's multi-tier portfolio caught them on the way. On the most recent call, CEO Ramon Laguarta described the international business plainly: "The truth is that all those markets have remained very resilient."
#consecutive
