Food & Drink

SHERIDAN, WYOMING – February 13, 2025 – SHERIDAN, WYOMING – Feb. 13, 2025 – The Ferrero Group, a global confectionery leader, has announced strong financial results for the 2023/2024 financial year, demonstrating continued growth and innovation. Despite a challenging economic climate, the company reported an 8.9% increase in turnover, reaching EUR18.4 billion.

Financial Performance and Strategic Growth

The Ferrero Group's success is attributed to its robust business model, beloved brands, and dedicated workforce. The company, with 37 manufacturing plants worldwide and a global workforce of 47,517, navigated volatile commodity prices and inflationary pressures to deliver impressive results.

SHERIDAN, WYOMING – February 12, 2025 – SHERIDAN, WYOMING – Feb. 12, 2025 – The Malvar Plant of Monde Nissin Corporation (MNC) has achieved the Phase 2 Integrated Work System (IWS) status, becoming the first MNC site to do so. This accomplishment follows a rigorous assessment evaluating business results, safety and quality foundations, operational/manufacturing excellence, capability, and organization culture parameters.

What is IWS?

IWS is a business and operational excellence strategy developed by Procter & Gamble (P&G). MNC utilizes IWS under licensing agreements. It integrates best practices from various supply chain methodologies, including total productive maintenance (TPM), high-performance work systems (HPWS), continuous improvement via PDCA, and P&G’s best practices for supply chain mastery.

Malvar Plant's Journey to Phase 2

SHERIDAN, WYOMING – February 12, 2025 – SHERIDAN, WYOMING – Feb. 12, 2025 – Türkiye’s leading food company, Ülker, has solidified its position as a global leader in Environmental, Social, and Governance (ESG) performance, achieving the top ranking in its category for the second consecutive year. This recognition comes from the latest ESG performance assessment conducted by the London Stock Exchange Group (LSEG), a renowned international financial analysis and reporting organization.

Unwavering Commitment to Sustainability

SHERIDAN, WYOMING – February 12, 2025 – SHERIDAN, WYOMING – Feb. 12, 2025 – Calbee, Inc. (hereafter “Calbee”) announced today that, due to rising raw material costs, it will revise its pricing for certain JagaRico and souvenir products in Japan. These revisions will be implemented sequentially starting from April 1, 2025.

Price Adjustments for Popular Snacks

Calbee, a leading snack food company, has found it necessary to adjust the prices of some of its popular products in Japan. This decision comes as the company faces increasing costs associated with raw materials. The price revisions will affect two main product categories: JagaRico and souvenir products.

Specific Product Categories Affected

SHERIDAN, WYOMING – February 12, 2025 – SHERIDAN, WYOMING – Feb. 12, 2025 – Just in time for Easter, buah, the Munich-based company for natural fruit snacks, is presenting exciting new products for the whole family. With the launch of the elegant lunchbox and the sweet peach snack pack, buah inspires a delightful and healthy Easter celebration.

Aromatic Taste and Valuable Ingredients

The large, crunchy fruit pieces from buah are the ideal snack for anyone who values conscious nutrition. Whether it's peach, strawberry, mango, or raspberry – the fruits are guaranteed to be free of industrial sugar and additives, but with full nutritional content: minerals and vitamins in natural abundance. "The fully ripe and aromatic taste of the fruits is a highlight at Easter breakfast and as a special baking ingredient, and is also ideal as a practical snack on the go," say the founders of buah.

SHERIDAN, WYOMING – February 9, 2025 – SHERIDAN, WYOMING – Feb. 9, 2025 – Pizza lovers, rejoice! Cheez-It® is bringing the pizzeria right to your pantry with the introduction of two new pizza-inspired flavors: Cheez-It Snap'd Extra Crunchy Margherita Pizza and Cheez-It Duoz Pesto + Mozzarella. Designed for both flavor chasers and pizza enthusiasts, these crave-worthy creations are the ultimate snack for those who Want It. Knead It. Cheez-It®.

A Slice of Innovation

SHERIDAN, WYOMING – February 9, 2025 – SHERIDAN, WYOMING – Feb. 9, 2025 – The Lindt & Sprüngli Group reported strong organic growth of 7.8% in 2024, with group sales reaching CHF 5.47 billion. This success comes despite a challenging year marked by record-high cocoa costs and weakened consumer sentiment.

Strong Financial Performance

Lindt & Sprüngli achieved significant growth in both value and volume, solidifying its position as one of the fastest-growing chocolate manufacturers globally. "In 2024, Lindt & Sprüngli grew organically by 7.8% to CHF 5.47 billion (previous year: CHF 5.20 billion). Sales growth in Swiss Francs was 5.1%. Currency effects impacted the result by -2.7%, mainly due to the weaker US dollar and Euro." The company also saw double-digit growth in its Global Retail segment, with sales in its approximately 560 own stores and 21 e-shops increasing by 16.7%.

SHERIDAN, WYOMING – February 9, 2025 – SHERIDAN, WYOMING – Feb. 9, 2025 – With one of the most iconic mustached mascots in the game (Mr. P), Pringles® understands the power of a good mustache. For the biggest snacking and sporting event of the year, Pringles and Mr. P are back with their eighth consecutive Big Game campaign, "Call of the Mustaches," created by FCB New York. This year, they've assembled a star-studded, mustached cast to deliver big flavor to the Big Game.

Mustache Mania: A Star-Studded Cast

This year's Pringles Big Game commercial features actor Adam Brody, facial-haired legends Nick Offerman and James Harden, and Big Game legend Coach Andy Reid. These iconic figures join forces in a whimsical world where a simple call sends mustaches soaring, delivering a truly unforgettable and crave-worthy Pringles experience. Watch the ad HERE.

SHERIDAN, WYOMING – February 7, 2025 – SHERIDAN, WYOMING – Feb. 7, 2025 – General Mills, Inc. (NYSE: GIS) announced on January 27, 2025, the completion of the sale of its Canadian Yogurt business to Sodiaal. This divestiture includes the Canadian operations of several yogurt brands, notably Yoplait and Liberté, and a manufacturing facility located in Saint-Hyacinthe, Québec.

Divestiture Details and Ongoing Transactions

The sale of the Canadian Yogurt business marks a significant step in General Mills' portfolio reshaping activities. The company is also proceeding with the planned sale of its U.S. Yogurt business to Lactalis, which remains on track and is expected to close in calendar year 2025. This transaction is contingent upon receiving the necessary regulatory approvals and fulfilling other customary closing conditions.

Updated Fiscal 2025 Outlook

SHERIDAN, WYOMING – February 7, 2025 – SHERIDAN, WYOMING – Feb. 7, 2025 – Just in time for the most exciting football weekend of the year, Old El Paso™ is back with a winning play: the launch of the new Old El Paso Caramel Dessert Taco Shells. Teaming up with two football greats — Old El Paso superfan defensive powerhouse J.J. Watt and offensive line icon and football food aficionado Jason Kelce — Old El Paso is raising the stakes to unveil this must-have game-day treat.

A Sweet and Savory Touchdown